Jump to content


SEARCH

0

Lion's appetite in the dragon land

By SYF77 on 08 Jul 2010

Attached Image

China is now the world's largest auto market and GM's biggest market by volume.

GM posted record sales in China for the first half of 2010, with a resounding 48.5 percent increase in sales over the same period last year. GM sold 1,209,138 vehicles it builds in concert with its Chinese partners in the country for the first six months of 2010, compared to unit sales of 1,069,577 in the United States.

GM sales were buoyed by the popularity of models such as the Cadillac SRX, Chevrolet Cruze and new Chevrolet Sail. GM's Buick is also one of the fastest-growing brands in China.

GM now ranks second in China, behind Volkswagen, in unit sales. China is also now VW's largest market. Last year, China overtook the United States as the world's largest vehicle market, albeit, after the U.S. experienced a precipitous drop in car sales due to the financial crisis of 2008-2009. For the first five months of this year, vehicles sales in China were 7.1 million compared to 4.6 million in the U.S.

Therefore, it is not surprising to find players such as Porsche customizing engine options for the Chinese market, as mentioned in my earlier post.

china, general motors, sales and 2 more...

Viewed: 614 times

Related Blog Posts
SYF77
Written by SYF77
I have been a car fanatic since 1989, when my father was changing our family car then to a Toyota Corolla 1.6 GL fitted with a Twin Cam 16 valve engine that was carburetor-fed, a big deal back in those days. The automobile technology and industry fascinates me and I hope to broadcast these interesting developments to everyone out there through this blog.



 
Car Makes

Please select a car make

Facebook Likes
   Featured Blog Post
Photo
Volkswagen has revealed that its ‘R’ brand performance models will soon become more wild and less...
POPULAR BLOG POSTS
Photo
The latest generation Ford Focus has been snapped without a hint of camouflage while it was in a...
Photo
Amazingly, images of the next-generation Mazda3's instrumental cluster have been leaked onlin...
Photo
Honda has refreshed its small crossover, the Vezel. Released recently in Japan, the car looks the...
Photo
How do you do better than other Aston Martin Valkyrie owners? Sprinkling some moon dust as part o...
Photo
A rare Lexus LFA has crashed in Singapore last week and with less than 10 units on our shores and...
   Lifestyle Articles