GM (GM) forecasts that the growth in China's car market this year will fall to 7-10% from 30% in...

|By:, SA News Editor

GM (GM) forecasts that the growth in China's car market this year will fall to 7-10% from 30% in 2010 and 50% in 2009, although CEO Daniel Akerson indicates this is a good thing. "You can't have totally unbridled growth in a country evolving as quickly as China," Akerson says. Surely that spinning sound is not coming from GM car wheels.