GM Expects Steady Sales in China

General Motors, who recently opened the China Science Lab, is expecting the sales volume in China remain constant throughout the year or, in case the market will post a drop, {ad at least it won't be so significant as in other regions of the world. This is what GM China's president said in a statement, expressing his confidence that the local division of the US-based company will continue to run high in the country and deliver about the same number of cars as in the previous year.

"The Chinese government is fully aware of the danger of a sharp reduction in market demand if policies are changed unilaterally without properly understanding market implications," said Kevin Wale, president and managing director, GM China, according to gasgoo.com. "We are confident that the policies that the government will follow will ensure that there is not a sharp decline in general."

To give you an idea on how GM performs in China, the company's deliveries in August grew 112.7 percent year on year to 152,365 vehicles. The company expects 2009 sales to be up 40 percent compared to 2008.

General Motors today opened the doors of the so-called China Science Lab, which will focus on electric vehicle technologies and will employ 100 workers.

“Our vision for the China Science Lab is to be recognized as a world-class R&D organization that will help drive GM’s automotive business into the future,” said Alan Taub, GM’s new Vice President of Global Research and Development.

“Our aim is to develop breakthrough technologies that will differentiate GM vehicles in the marketplace and build on GM’s long history of industry firsts. The China Science Lab’s opening demonstrates that GM is moving aggressively to maintain leadership in breakthrough technological research globally.”