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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.