GM sales in China surpasses US in the first half of 2010

GM sales in China surpasses US in the first half of 2010 Exterior
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How’s this for a sign of increasing global presence? General Motors has just announced that for the first half of 2010, the Detroit-based automaker has sold more cars in China than they have in the entire USA. We’re not making this up.

According to Bloomberg, GM’s vehicle sales in China through June 30 has already reached 1.21 million units, head and shoulders above the 1.08 million units sold of GM vehicles in its own home country. The unprecedented sales numbers GM put up in China is also the first time an international country has outsold the company’s own auto market. Put some perspective into that for a second. GM’s been around for over a century and not once has an outside market outsold the US market in any year. Until now, of course.

GM’s remarkable showing in China should also bode well for a company that’s still recovering from one of the worst global financial crisis in history. The mere fact that GM vehicles are going over so well in a country that’s about four times more populated than the US is a testament to the country’s increased efforts in opening itself up to the Western world. Add to the growing awareness of GM’s line of vehicles and we wouldn’t be surprised in the least bit if this figure – this 1.21 million units in the first six months of 2010 – is just the proverbial tip of the iceberg.

We’re not expecting 20 million vehicles sold in six months, but with the way things are shaping up; we wouldn’t be surprised the least bit if it hit 2 million pretty soon.

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Source: Bloomberg

What do you think?
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12 comments:

  (449) posted on 06.29.2011

I think GM give Chinese the authority to remake their car like Buick. I don’t want to be biased but we know their “Chinese product”. I hope not to get one of this!

  (369) posted on 06.29.2011

Well, its not shocking at all knowing that China surpasses the US market. Based from the statistics there are a lot of car dealer in China and its percentage is kind of higher. Well, I’m just hoping for a less recall from them.

  (447) posted on 05.6.2011

That was rewarding! And I truly understand its position on sales market. They did a great job in promoting their units in Asia. That was an excellent marketing strategy!

  (302) posted on 04.15.2011

Well,the reason that i can see is that, there’s a lot of competitive car company compare to China and If I’m not mistaken GM in US has a sort of problem in their employee.

  (507) posted on 04.1.2011

Well, this is a good news. However, just recently GM has a sort of problem with the out growing competition between hybrid cars. Hybrid cars hurt the sale of diesel cars made by GM. 

  (228) posted on 03.16.2011

But i have heard before, that Bentley’s are the most popular brand in China..Well, it seems that Chinese like the performance of GM’s car.

  (939) posted on 07.12.2010

what a news filled with "illusion". people, remember, GM filed bankruptcy & get away from lots of debt...the only debt left is the bailout from government! so, technically saying, that’s not exactly any great news.

  (807) posted on 07.11.2010

I’m just trying to not to side with anything. Also, this is not a place where people want me to give long lectures. Hopefully you understand that.

  (859) posted on 07.8.2010

I’m just trying to not to side with anything. Also, this is not a place where people want me to give long lectures. Hopefully you’ll understand that.

  (518) posted on 07.8.2010

I’m just trying to not to side with anything. Also, this is not a place where people want me to give long lectures. Hopefully you understand that.

  (1023) posted on 07.7.2010

I’m not surprised to hear that. i guess Chinese it stunned with the GM vehicles.

  (612) posted on 07.7.2010

even in other country, most people chooses the import than the local built cars.

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