GM #1… in China

Despite the trials and tribulations of General Motors in the U.S., things are going well for the company abroad, particularly in China where it’s just been announced that GM has edged out VW as the number one producer of vehicles in 2005 by selling 665,390 units. That represents a growth of 35.2 percent, spurred mainly be the continued popularity of Buick there and the recently introduced Cheverolet brand.
The company’s sales in 2005 translate into an 11.2 percent share of the Chinese market, up from 9.4 percent in 2003. It’s impressive that GM managed to gain ground in this market where so many new players have stepped onto the court.

Share This Photo X