GM Increases Presence in China

With China buying more cars than American consumers, GM's gap between sales in the U.S. and China are quickly closing. In 2009 GM sold 1.83 million vehicles in China compared to 2.07 million sold here in the U.S. GM needs to capitalize on China's new and prosperous market while the market in the U.S. regains its footing. GM's market share in China is now at 13.4 percent, an increase from 11.8 percent in 2008.

-Anthony Alaniz
[Source: egmCarTech]