Chinese Auto Market Set for More Growth in 2011

The Chinese auto market, already the largest in the world, is set for strong growth in 2011.

General Motors (GM), the largest foreign automaker in China, expects sales to climb by as much as 15% in line with the wider market, Bloomberg News reported….

China Car Sales Reach Record High

Chinese car sales reached a record high in November as consumers rushed to take advantage of tax rebates and other government incentives.

Sales of passenger cars including multipurpose vehicles and SUVs jumped 29.3% to 1.34 million in November, Bloo…