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.

If you liked the article, share on:

Topics: gm, china, sales

Comments

Recommended

Earlier in November at the 2017 SEMA Show in Vegas is when Hennessey unwrapped the Venom F5 to all of us. But it was actually first introduced as a concept...
by - November 22, 2017
Mercedes-Benz just made an announcement that the 2018 E Class Cabriolet has finally landed in the United States. If you had not known, the E Class will be positioned in...
by - November 22, 2017
After a somewhat successful fray into the automotive market in China, the resurrected German automobile brand Borgward is finally heading to Europe, bringing along with it the Borgward BX7 sports...
by - November 22, 2017
Automotive industry veteran Bob Lutz has once again spoken out against Tesla. Known as one of Tesla Motors’ greatest skeptics, Lutz had stated two years ago that the Silicon Valley...
by - November 22, 2017
Dubai is one of the few countries where expensive cars are the norm, many of which are specially modified as well. And this just in: Bentley has debuted the new...
by - November 21, 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