Tag Archives: gm china

FAW-GM Launch Kuncheng Pickup Truck in Jilin

In April Wale predicted that GM would double its sales volume in China from about 2.35 million units in 2010 to around 5 million units by 2015. China has been GM’s largest market for the past two years where it is the Number One automaker. Continue reading

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Ford Breaks Ground on Second Engine Plant in China

China is now by far the world’s largest auto market, and Chinese industrial policy in effect requires that all profits earned there are reinvested in the country and its local partners. The U.S. remains alone among industrialized nations – with elected or totalitarian governments – without any such job and investment protecting policy. The $500 million (RMB 3.4 billion) investment will be funded entirely by CFMA and will be located in Chongqing’s so called New North Zone. Continue reading

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Buick Sales in China Surpass 3 Million

Shanghai GM builds, imports and sells Buick, Cadillac and Chevrolet products in China, the worlds’ largest auto market. In 2010, Shanghai GM became China’s first automaker to sell 1 million vehicles in a single year. Continue reading

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Great Leap Forward! GM China Announces Five Year Plan to Double Sales by Introducing 60 New and Upgraded Models

In fact, due to a job creating industrial policy dictated by the Communist Chinese government, China is actually benefitting from leverage as all western automakers must establish joint ventures with local Chinese companies – some of them former munitions makers and military suppliers – in order to gain access to the lucrative market. Continue reading

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Ford to Double White Collar Workers in China by 2015

Ford Motor Company will double the number of white collar workers in China by 2015, the company said ahead of a recruiting effort to take place next week at the Shanghai Motor Show. All told some 1,200 new jobs will … Continue reading

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China Rules as GM Sets February Sales Record

General Motors and its eleven government-mandated Chinese joint ventures sold 184,498 vehicles in February, setting a new record for the month, but not, repeat not, outperforming its amazing sales of 207,000 in its home U.S. market. Continue reading

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General Motors to Introduce 20 New Models in China, Add Jobs

The world’s largest auto market, China, has been good to General Motors, the world’s largest automaker. So no surprise when General Motors Chairman and CEO Dan Akerson said today in Beijing that GM will introduce more than 20 new and upgraded models during the next two years, as well as strengthen Chinese product development capability. Continue reading

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General Motors Sets January Vehicle Sales Record in China

General Motors had a record sales month in China in January, as GM’s two largest manufacturing joint ventures new monthly highs for vehicle sales in the world’s largest auto market of more than 18 million vehicles. It’s a continuation of GM’s strong performance in China during 2010, where it sold more cars and trucks than it did in the U.S. Continue reading

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Ford China Sets Sales Record 2010. Still Lags General Motors

Ford Motor Company has posted a record year in China, selling 582,467 units in 2010, a 40% increase compared to 2009. Nonetheless the Number Two U.S. automaker still lags far behind cross town rival Genera Motors, which sold a record 2,351,610 units in 2010 in China. GM has been the Number One automaker in China since 2005 when GM surpassed the Volkswagen group.

Ford had a late start gaining access to the auto market in China, the result of a Chinese government decision that chose a Buick sedan from GM over a Ford Taurus as the vehicle that would enter production at a joint venture in Shanghai. Since 1999, Chinese versions of the Buick Century and Regal sedan have established Buick as one of the top brands in China. Continue reading

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General Motors Sets China Sales Record. U.S. also up in 2010

General Motors vehicle sales in China rose 28.8% to a record 2,351,610 units in 2010. GM’s manufacturing joint ventures and major brands all set new annual sales marks, allowing GM to remain the leader among global automakers in the world’s … Continue reading

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