General Motors and Ford have reported record car sales for 2011 in China. Over 2.5 million cars were sold by GM bringing sales up 8.3%. Ford also saw sales similar increases of 7% to 519,390 vehicles. These high numbers came as a surprise due to the recent slowdown of the market in China. The US carmakers credit these rises to both government incentives as well as the release of new models to Chinese markets. Revenue from China has caused a resurgence in these manufactures despite the current economic depression in the US. Declines in Japanese car companies have also been reported following the earthquake.
Meghan Steinbeiss
http://www.bbc.co.uk/news/business-16480135
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