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Filed under: China , Cadillac , Chevrolet , Ford , GM , Earnings/Financials , By the Numbers While domestic sales continue to slide, the auto market in China is thriving. Both General Motors and Ford have reported double-digit sales growth for the first-half of 2008 in the world's most populace country, with GM moving 590,126 Buick, Chevrolet, and Cadillac vehicles for a total sales increase of 12.7 percent, while Ford sold 172,411 units for 21 percent jump in growth. With China recognized as the second-largest vehicle market outside the United States, and with their economy forecasted to grow by at least nine percent this year, automakers in Europe, Japan, and the U.S. are investing heavily to expand sales and production in the Chinese market. It is worth noting that vehicle sales in China have been nearly immune to the increase in global oil prices as governmental controls keep diesel and gasoline prices among the world's lowest. [Source: Detroit News ] Permalink | Email this...
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Filed under: Concept Cars , Spy Photos , China , Chevrolet , GM We saw the Chevy Beat concept unveiled a year ago, and now a camouflaged mule has been caught testing in China, fueling speculation that the Beat will succeed the Spark in that market. The Beat is certainly far less dowdy than the Spark, which is also sold, sometimes gratuitously , as the Matiz in other markets. When the Beat debuted as one in a trio of concepts , it was the sportiest of the three and described as a "tuner car" offering substantial levels of customization at the retail level, much like a Scion. That rhetoric may not be for world-wide consumption, however, and the Beat could wind up looking sharp on the outside and offering you roll-your-own windows and milk jug-quality plastics in the cabin. Of course, GM could pull a Ford and deliver a deliciously stylish small car everywhere but the United States, just as our fuel costs skyrocket ever further. Thanks for the tip, Kevin! [Source: China Car Times...
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