Jump to content

MyCarForum Logo
Search
Magnifying glass

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: 588 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
Purchase MPM engine oils and stand a chance to win $500 cash and a three-year supply of MPM...
POPULAR BLOG POSTS
Photo
Impressed with what the red Subaru WRX from the movie "Baby Driver" can do? Here's yo...
Photo
The MCF Hangout with Follow Me Japan, held at the Toyota showroom, offered members a taste of FMJ...
Photo
Toyota has revealed its third generation Century which is large four-door limousine produced main...
Photo
Here's another edition of the Cars & Kopi where like-minded car enthusiasts gather togeth...
Photo
The BMW 8 Series is making its return. The German automaker's flagship coupe is replacing the...
   Lifestyle Articles