Tue | Jun 2, 2020

General Motors touts China growth in sales pitch

Published:Sunday | November 7, 2010 | 12:00 AM

DETROIT (AP):

General Motors Co's strength in China and its global-growth potential, are the focus of the automaker's sales pitch, as it shops for investors ahead of its initial public offering this month.

GM executives plan to travel around the world, starting Friday to attract interest in GM common stock, which will begin trading November 18.

The executives will emphasise that GM is the top seller of cars in China, where its sales have grown 24-fold since 2000. China will pass the United States as the company's top market this year for the first time.