Excerpt:
"Although GM is struggling globally, its operations in China continue to be a huge success. Sales in March rose by more than 50pc to 151,000 cars, compared to 172,000 in the US. GM has invested in research and design facilities alongside its Chinese partners and says it could design and produce a car wholly inside China within 12 to 24 months.
The company also conceded that China could eventually become a more important market than the US.
"We sell as many Buicks here as in the US so the question is not crazy or unrealistic," said the spokesman. "The US market continues to stagnate and move backwards. China will make 10.5m cars this year, an increase of 8.7pc. The US will make 9.5m. So it will be the first time that China builds more cars than the US"
GM plans to export cars from China to the US - Telegraph
"Although GM is struggling globally, its operations in China continue to be a huge success. Sales in March rose by more than 50pc to 151,000 cars, compared to 172,000 in the US. GM has invested in research and design facilities alongside its Chinese partners and says it could design and produce a car wholly inside China within 12 to 24 months.
The company also conceded that China could eventually become a more important market than the US.
"We sell as many Buicks here as in the US so the question is not crazy or unrealistic," said the spokesman. "The US market continues to stagnate and move backwards. China will make 10.5m cars this year, an increase of 8.7pc. The US will make 9.5m. So it will be the first time that China builds more cars than the US"
GM plans to export cars from China to the US - Telegraph
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