November 21, 2006	Tuesday	Shawwal 28, 1427

DETROIT, Nov 20: Top General Motors Corp. executives said over the weekend that they anticipate another year of double-digit sales growth in China in 2007, as more consumers there snap up shiny new cars.

GM’s chief financial officer for its GM China Group, Michael Bernhard, told reporters in Beijing on Saturday that the US auto giant foresees its Chinese sales reaching 950,000 units in the coming year.

The Detroit auto-maker, which has faced stiff competition in its domestic market, produces vehicles in China through Shanghai GM and its SAIC-GM-Wuling partnership, as well as importing a small, but growing number of vehicles.

High-end demand from wealthy Chinese consumers has led GM to import its $120,000 Cadillac XLR which is built in the US state of Kentucky.—AFP