GM loses top sales slot to Toyota
By John Reed in London
Published: April 23 2008 21:15 | Last updated: April 23 2008 21:15
General Motors said it expected global vehicle sales to rise by 4 per cent this year in spite of slumping demand for cars and trucks in the US, which hurt its quarterly sales figures.
The forecast by the US group underscored the extent to which new car buyers in Russia, China, India and other emerging markets continue to prop up global carmakers’ sales figures even as they plummet in rich countries more exposed to the US economic slowdown.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment