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SHANGHAI AUTOMOTIVE GROUP REPORTS DOUBLE DIGIT SALES GROWTH.

AsiaPulse News

| September 02, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SHANGHAI, Sept 2 Asia Pulse - Shanghai Automotive Group Co., the largest automobile manufacturer in China, reports a record year-on-year sales increase of 23.7 per cent for the first half of the year.

The company sold 208,168 cars, all manufactured in Shanghai, between January and July.

Shanghai Volkswagen Automotive Co. and Shanghai General Motor Co., two joint venture companies under the group, had to operate at full capacity to meet market demands during the summer.

The models marketed by the group include an improved ...

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Source: HighBeam Research, SHANGHAI AUTOMOTIVE GROUP REPORTS DOUBLE DIGIT SALES GROWTH.

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