GM executive says aiming to beat market growth in China, 2009 sales may exceed 1.6 mln

September 25th, 2009 China's 2009 auto sales forecast to hit 12.6MBEIJING — China's auto sales should soar to 12.6 million units this year, up 35 percent from 2008, boosted by subsidies that the industry is lobbying Beijing to extend, a government researcher said Friday. China's auto sales have surpassed those of the limping U.S.

September 16th, 2009 Baxter gives 5-year EPS and sales growth goalNEW YORK — Specialty drug and medical device maker Baxter International said Wednesday it is aiming for annual earnings-per-share growth of 11 to 13 percent over the next five years, with sales rising 7 to 8 percent each year. Its sales forecast excludes the effects of foreign currency exchange rates.

September 5th, 2009 BEIJING - China is expected to manufacture a record 12 million vehicles in 2009, an official with the country's top economic planning agency said Saturday. Chinese domestic auto makers were expected to produce and sell more than eight million vehicles in the first eight months this year, said Chen Bin, director of the department of industry under the National Development and Reform Commission (NDRC).

September 1st, 2009 CHENNAI - Two-wheeler manufacturer TVS Motor Tuesday reported an 11 percent growth in August, totting up sales of 126,842 units as against 114,321 units sold in the corresponding month last year. "The company has thus achieved a cumulative sales growth of 5 percent for the period April to August 2009 with cumulative growth of 10 percent in domestic sales, TVS said in a statement.

August 7th, 2009 China's July auto sales up 64 percentBEIJING — China's auto sales surpassed the United States' again in July, jumping 64 percent over a year earlier to 1.1 million vehicles as sales tax cuts and government subsidies spurred demand, according to data reported Friday. The figures are a boost to global automakers that are looking to China to drive revenues amid sluggish demand elsewhere.

July 30th, 2009 NEW DELHI - Despite the economic slowdown, printer sales in India grew one percent to 1.61 million units last fiscal as compared to the year before, an IT hardware manufacturers' lobby said Thursday. "The total printer sales between April 2008 and March 2009, with dot-matrix, ink-jet and laser-jet printers taken together, were 1.61 million, registering a growth of one percent over the previous year," the Manufacturers Association for Information Technology (MAIT) said in a statement.

July 21st, 2009 NEW DELHI - Coca-Cola has registered a 33 percent growth in sales in India during the second quarter ended July 3, the soft drink major said Tuesday. Supported by the high growth in India as well as China, the company also saw its revenues increase to $2.04 billion, or 88 cents per share, in the quarter under review, as against $1.42 billion, or 61 cents per share, earned in the year-ago period.

July 9th, 2009 China beats US auto market in first-half sales of 2009 BEIJING — China surpassed the United States as the world's biggest auto market for the first half of 2009 after June sales soared 36.5 percent from a year earlier, according to data reported Thursday. China's vehicle sales in June rose to 1.14 million, the second-highest month to date after April's 1.15 million units, the China Association of Automobile Manufacturers said.

July 8th, 2009 IMF raises Asia 2009 growth forecastBEIJING — The International Monetary Fund has raised its 2009 growth forecast for Asia's developing economies from 4.8 percent to 5.5 percent but cautioned that a sustained rebound will depend on recovery in developed economies. The Washington-based cited improved prospects for regional giants China and India.

July 2nd, 2009 NEW DELHI - Luxury car maker Audi sold 204 vehicles last month in Indian market, compared to 77 in June 2008, it said Thursday. This takes the overall sales volumes of the German company to 821 for the first half of 2009, a growth of 75 percent year-on-year.

June 18th, 2009 World Bank raises 2009 China growth forecastBEIJING — The World Bank is raising its 2009 growth forecast for China due to the country's stimulus-driven investment boom. But it also cautions that it is still too soon to say a sustained recovery is on the way.

May 8th, 2009 China vehicle sales hit monthly high of 1.15 mlnSHANGHAI — China's vehicle sales jumped 25 percent in April from the year before to a record monthly high of 1.15 million units, according to industry figures released Friday. Passenger car sales surged 37 percent over a year earlier to 831,000, outpacing U.S.

May 1st, 2009 NEW DELHI - Hyundai Motor India, the second largest car manufacturer in the country, recorded a 3.4 percent growth in its domestic sales for April 2009 at 22,247 units against 21,510 sold the same month last year. 'As compared to last year we saw a modest growth in April.

April 23rd, 2009 Pre-Easter bounce helps lift Hershey 1Q profitHARRISBURG, Pa. — Hershey, the nation's second-largest candymaker, said Thursday that its first-quarter profit surged 20 percent, helped by a recent price increase and a reporting period that captured more days of Easter sales.

March 2nd, 2009 NEW DELHI - Hyundai Motor India's domestic sales soared by over 45 percent in February compared to its sales the same month last fiscal, the company said Monday, but added that times were still challenging and nothing should be read into increased sales. Cumulative sales increased by about 32 percent and exports by over 18 percent, a company statement said.