GM outpaces VW in China sales

VW, the longtime leader of foreign automotive sales in China, has

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VW, the longtime leader of foreign automotive sales in China, has
given up the lead to GM. It’s more like GM took the lead from VW. New models and lower prices have contributed to the
19 percent increase in GM sales during the first half of 2005. GM and its local partners sold 308,722 vehicles to VW’s
262,198. With all the talk of Bricklin and his Chery endeavor, it is nice to see a company from Detroit doing so well
in China. Last year, GM made 25 percent of its profits in China, and you can expect to see similar performance in
2005.