Geely Automobile says 2011 car sales up 1.3%

Reuters: Chinese carmaker Geely Automobile Holdings Ltd. said on Wednesday that sales rose 1.3 per cent in 2011 but fell short of its full-year target of

480,000 vehicles as the world’s largest car market slows. Geely said December car sales fell 15.8 per cent from a year earlier to 47,755 vehicles, bringing full-year sales to 421,385 cars.