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.

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