Tag: China. GM

By on November 4, 2010

Government Motors. (Picture courtesy blog.cleveland.com)

Our patent-pending China new car market prediction system (take GM China, deduct a few percent) hasn’t been doing so well lately, due to the poor showing of Wuling, which confused the mix. Let’s give it another cautious go.  GM China increased its October sales by 19.6 percent on strong sales of Buick, Chevrolet and Cadillac cars. That according to Bloomberg, which has it straight from GM Shanghai. (Read More…)

By on November 4, 2010

GM China has made good on its threat to sell Made in China GMs abroad. According to The Nikkei [sub], Shanghai General Motors Co. has begun exporting the Chevrolet New Sail from China to Chile. Some of the B&B opined that this is nothing new. However, the Nikkei says that “this is the first time a world-class automaker will export from China a model it developed in the country.” A few weeks ago, Terry Johnsson, Shanghai GM vice president of vehicle sales, service and marketing, said that this is “the first locally developed and manufactured passenger car from an international brand to be exported.” (Read More…)

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