GM China will sell more cars than its parent company in the U.S.

Article by Christian A., on October 22, 2010

General Motors’ sales in China will surpass that of its parent company in the US, according to an Autocar interview with company boss Kevin Wale. He said that the success of GM’s domestic brands, which include Wuling and the newly launched Baojun, means that they are being targeted to export more cars.

He also talked about the possibility of manufacturing them outside of China. Currently, Wuling’s ultra-cheap trucks are being sold in Egypt, Colombia and Equador.

However, if the demand in China for these trucks increases even by a very small margin, it would mean that there exists a business model to make the trucks in China.

If there is a global demand for the Baojun’s low cost model range, then GM will export them. However, it’s likely that these exported models will be sold under a different brand name, such as Chevrolet or Wulin.

Wale expects that the total Chinese car market would continue to expand. In his estimation, the market will top out at more than 17 million vehicles this year and will increase to 19 million for 2011.

He attributes this growth in China to government support, its citizens’ love for cars, increasing incomes and an expanding urban population.

Wale also estimates that by 2025, there will be over 200 Chinese cities with over one million inhabitants. In comparison, the US only has nine cities that exceed the one million mark.

Topics: gm, china, sales

If you liked the article, share on:

Comments

Recommended

Mitsubishi finally introduces the new Xpander MPV at the 2017 Indonesia International Auto Show in Jakarta Indonesia. Replacing the previous Expander, the new multipurpose vehicle will be mostly sold at...
by - August 16, 2017
Infiniti revealed its retro Prototype 9 race car before its slated debut at 2017 Pebble Beach Concours d'Elegance next week. In a recent press release, the company not only disclosed...
by - August 16, 2017
In the United States, not many automakers offer crossovers with a diesel engine option, but Chevrolet does, with their 2018 Equinox. Those who opt for this engine will get some...
by - August 16, 2017
Here are some things that potential buyers of the Ford F-150 and Ford Expedition could look forward to for the 2018 model year. The 2018 models of the F-150 pickup...
by - August 15, 2017
We first saw the McLaren 720S earlier this year when it made its debut at the Geneva Motor Show, and we all agree that it is a beautiful car. But...
by - August 15, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries