Green shoots in China auto
Manufacturers are confirming the positive month. Ford says its two joint ventures in China both showed sales growth in April. The joint venture with Chongqing Changan Automobile showed a 38% jump in unit sales to 20,465 vehicles, while the JV with Jiangling Motors showed a 7.8% increase. Zhejiang Geely Holding Group says it posted a 2% gain during the month and SAIC Motor says its JV with General Motors knocked out a 13.6% increase in sales during the month. Meanwhile,
