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Added On January 13, 2019

 Leading U.S. automaker General Motors says it views the China market constructively and is well positioned for its "long-term growth", despite recent challenges faced by the industry.

 
STORY: GM EXPECTS LONG-TERM GROWTH IN CHINA MARKET
In a 2019 forecast report, GM said it will launch its all-new global family of vehicles first in China, followed by South America and Mexico.
 
The report emphasized that GM China will remain agile in responding to shifting market dynamics, as it launches more than 20 all-new or refreshed vehicles in 2019.
 
The new products include compact cars and crossovers from GM's new global vehicle family, and new-energy vehicles.
 
China has replaced the United States as GM's biggest market. However, its sales there fell in 2018 amid an overall slowdown in the world's biggest auto market and China-U.S. trade disputes.
 
Still, GM sold more cars in China than its home market.
 
GM expects China industry retail sales to reach nearly 27 million units in 2019, around the same level as that of last year.
 
2 STORY: BMW EXPECTS SALES TO GROW SLIGHTLY
German car maker BMW expects sales to grow slightly "in the low to mid-single-digit area" in 2019.
 
Last year, the Munich-based carmaker delivered around 2.1 million BMW vehicles, a year-on-year increase of 1.8 percent.
 
The company's MINI and Rolls Royce subsidiary brands sold a total of around 2.49 million vehicles, an increase of 1.1 percent.
 
China remains one of BMW's strongest sales markets.
 
In Asia, BMW delivered almost 875,000 vehicles. Around 640,000 cars were sold in the Chinese mainland alone. Last year, BMW's sales in the Chinese market increased by 7.7 percent.
 
BMW expects "solid sales growth" for the Chinese mainland in 2019, with "locally produced BMW vehicles" being the main driver of growth.
 
BMW is also anticipating a "slight" growth in sales for Europe and the United States.