General Motors China Sales Drop 2.4% In January

Sales at

and its Chinese joint ventures declined 2.4% y/y to 339,781 vehicles in China in January. GM's China sales surged 31.9% y/y in December, while sales gained 5.3% in November. For 2014, GM's sales climbed 12% in China. GM shares rose 1.17% to close at $36.25 yesterday.