General Motors milestone in Asia
2005 proved to be a
milestone for GM: for the first time the U.S. carmaker sold more vehicles overseas than in North America. And in the
process it set a record by selling its millionth vehicle in the Asia Pacific region.“GM has made the Asia Pacific region a corporate priority,” said Troy Clarke, GM Group Vice President and President of GM Asia Pacific (pictured). “With Asia Pacific expected to account for well over 50 percent of global sales growth over the next 10 years, we believe being a major competitor in this region is critical to the overall success of our company.”
GM sells in the area under such brand names as Buick, Cadillac, Daewoo, Holden, Opel, and Wuling. Its market share rose from 5.2 percent in 2004 to 5.8 percent in 2005 and it is one of the top sellers in China.
Reader Comments (Page 1 of 1)
Larry Lieb 5:31PM (12/24/2005)
How about selling those Asian market cars in the US?
Ironic isn't it that Asian car makers sell more cars in the US while GM sells more cars in Asia than it does in America?
Reply
Eric L. 7:57PM (12/24/2005)
Hey GM, how about selling that Terracross concept you have in the picture with your 3.6L multivalve V6? Who needs Bob Lutz when you've got common sense posting on Autoblog....
Reply
narcszm 2:00AM (12/25/2005)
Learn how to read or do math, Joel. GM sells four times as many cars in North America as it does in asia. With more than nine million cars sold every year, almost half ae sold in the domestic market. that 50% refers to growth, not volume.
Reply