GM´s China partner SAIC braces for 1st annual sales drop
(WorldNews China)

SAIC Motor Corp. expects annual sales to fall for the first time in at least 14 years as China´s biggest automaker battles through a slump in demand roiling the world´s largest car market, according to people familiar with the matter. The Shanghai-based company, Volkswagen AG and General Motors Co.´s biggest auto-making partner in China, projects 2019 sales will fall about 7%, said the people, who asked not to be identified because the information hasn´t been made public. The new...