General Motors (GM -2.6%) says it sold over 2M cars in China through its joint venture this...


General Motors (GM -2.6%) says it sold over 2M cars in China through its joint venture this year, marking the earliest it has ever crossed over that level. The bigger issue: Though much is made about the slipping growth numbers in China's auto market, on a YTD comparison GM has sold more vehicles in China than the U.S.
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Comments (4)
  • jack897
    , contributor
    Comments (265) | Send Message
     
    In China GM does not get the media bashing that they get here in the USA. Many people in the USA will say that GM does not know how to build a decent car. The truth is GM is now building world class car, many are the best. It's sad how politics can play into the picture and the negativity swaying the buyers to foreign cars when we now make better cars.
    24 Sep 2012, 05:03 PM Reply Like
  • jdpavek
    , contributor
    Comments (2) | Send Message
     
    I believe politics plays a part in the US because there are many taxpayers that are irritated because they helped fund retirement benefits of GM worker's. The perception is that the taxpayer assistance was provided through a political process. Also, that the political process was a direct assault on the property rights of bond holders.
    8 Oct 2012, 09:28 AM Reply Like
  • labas112
    , contributor
    Comments (497) | Send Message
     
    World Class Cars? Their new redesign Chevy Malibu is getting panned, not to mention the Chevy Volt fiasco. GM is lousy and will never be able to save it's brand from being anything but Government Motors. That stigma will last forever.
    24 Sep 2012, 07:35 PM Reply Like
  • Axel24
    , contributor
    Comments (14) | Send Message
     
    GM is also losing in the hybridcar segment.
    8 Oct 2012, 05:41 AM Reply Like
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