GM sees sales in China surge 67%

0 CommentsPrint E-mail Shanghai Daily, January 5, 2010
Adjust font size:

General Motors Corp yesterday announced its sales in China soared 67 percent in 2009 and a senior official of the car maker is confident this year "will even be stronger" in a sign of the vital role the fast growing emerging markets play as it drives to turn itself around.

Sales of the United States car maker rose to a record 1.83 million vehicles in China last year, driven by strong growth in sales of Buick and Chevrolet models as well as the Wuling minivan brand, GM said in a statement yesterday.

GM, the largest international auto maker in China, said robust sales helped lift its market share in the country by 1.3 percentage points to 13.4 percent last year.

Fast growing auto demand in emerging countries such as China and India is becoming more important for Detroit-based GM, which is eliminating brands and plants in the US and Europe because of the global financial crisis. GM forecast the Chinese market to grow 10 to 15 percent this year.

"Despite the sales record in 2009, it looks as if 2010 will be even stronger," said Kevin Wale, president and managing director of the GM China Group, in the statement.

"The industry outlook is strong and we expect more growth, albeit on a somewhat slower pace," Wale said.

GM's flagship passenger car venture, Shanghai GM, reported a 63.3 percent sales increase to 727,620 units in 2009 while SAIC-GM-Wuling, the largest minivan maker in China, sold 63.9 percent more vans to exceed 1 million units.

GM, which aims to double sales in China to 2 million units by 2014, has been actively forging comprehensive cooperation with Chinese partners last year in an attempt to offset the dismal US auto market.

"Chinese companies are well positioned financially compared with capital-stressed GM," said Tan Jijia, an analyst at Pacific Securities Co. "Considering the market potential and all the resources, China is becoming more strategically important."

In mid-2009, GM formed a venture with FAW to tap the light commercial vehicle segment. At the end of last year, it also tied up with SAIC Motor, the largest auto maker in China, to jointly develop emerging markets in Asia.

Print E-mail Bookmark and Share

Go to ForumComments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 国产综合在线观看| 成年免费大片黄在线观看下载| 亚洲精品欧美日韩| 绝美女神抬臀娇吟| 国产剧果冻传媒星空在线播放| 爱看精品福利视频观看| 国语自产偷拍精品视频偷| 一本一本久久a久久精品综合| 日日夜夜综合网| 久久精品国产亚洲av麻豆色欲| 欧美乱强伦xxxxx高潮| 亚洲电影唐人社一区二区| 男女猛烈xx00免费视频试看| 四虎影视无码永久免费| 里番牝教师~淫辱yy608| 国产成人无码AⅤ片在线观看| 16女性下面无遮挡免费| 国内精品伊人久久久久妇| av在线亚洲男人的天堂| 妖精动漫在线观看| 两根大肉大捧一进一出好爽视频| 日日碰狠狠添天天爽无码| 久久精品国产亚洲精品2020| 最近中文字幕mv免费高清视频7| 亚洲国产欧美日韩一区二区三区| 污污网站在线观看| 亚洲综合色丁香婷婷六月图片| 第三种爱情免费完整版观看| 又大又粗又爽a级毛片免费看| 中文字幕天天躁日日躁狠狠躁免费| 日韩美女hd高清电影| 亚洲av无码专区电影在线观看| 欧美变态口味重另类在线视频| 亚洲日产2021三区| 欧美添下面视频免费观看| 亚洲砖码砖专无区2023| 激情欧美日韩一区二区| 亚洲黄色网址大全| 男女性色大片免费网站| 免费在线观看黄色毛片| 精品久久亚洲一级α|