China has become main client of GM

Chine has liked the US auto

In brief: Chinese market can become the basic one for General Motors in 2010.

The bankrupted giant of world auto industry has obtained the largest market of purchasing its production. This is about General Motors and China. The sales of GM autos has reached 13,6 millions according to the data of China association of auto producers.

Thus China has removed the USA from the first positions. Top-managers of General Motors consider it remains a bit of time until moment when the company will sale to China more autos than within its internal market. But it worth reminding that Chinese market has always been considered the paradise for cheap autos, in which GM’s production can hardly be included.

Ukrainian Globalist
2010-01-14 13:04, Commodities.

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