GM cuts prices on China-made cars
Automtive News China 1/5/07 SHANGHAI (Reuters) --
General Motors has cut prices on two of its China-made models by up to 10 percent to push sales, a move that could force similar cuts by rivals in the world's second largest auto market. "Automakers here tend to slash prices at the beginning of the year to attract buyers," said Xie Shuguang, senior analyst with Shanghai Securities.
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Automtive News China 1/5/07 SHANGHAI (Reuters) --
General Motors has cut prices on two of its China-made models by up to 10 percent to push sales, a move that could force similar cuts by rivals in the world's second largest auto market. "Automakers here tend to slash prices at the beginning of the year to attract buyers," said Xie Shuguang, senior analyst with Shanghai Securities.
More
posted by Auto Report World Editors at 5:22 PM 
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