VW, GM see sales slip in China

General Motors and Volkswagen said that sales in China have fallen between 6.5 and 28 percent last month, underscoring the slowing demand in the world's fourth-largest vehicle market.

Executives from both car-makers declined to predict when demand would pick up. But senior industry executives are confident that the market would rebound next year.

In a bid to hit internal sales targets, a GM spokeswoman warned that some manufacturers may have been pushing cars to dealers, despite the slowing demand. But, she said GM was not pressuring dealers, because that would only have a short-term impact. GM and VW held the top two positions, in the world's fastest-growing car market last year.

(cctv.com)