Tuesday, November 21, 2006
GM Looks Forward in China
There's no telling how fast China car sales will grow, GM says. by Joseph Szczesny (2006-11-20)
After watching sales inChina increase 37 percent this year, GM expects more double-digit growth in 2007 as the Chinese market continues its rapid expansion. GM sales in the People's Republic of China, including those made by Shanghai GM, SAIC-GM-Wuling and a small but growing number of imported vehicles, are expected to reach around 950,000 units, according to Michael Bernhard, the chief financial officer for the GM China Group.
What about Indonesia with its huge potential market? When will this potential be explored?
Read the article at "Thecarconnection.com"