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China’s Auto Industry is Booming

Key American Auto Makers are feeding China’s hunger for cars.

While the American auto industry is struggling to stay alive, China’s  auto sales have risen 50 percent for this year. And guess who’s taking the lead for most cars sold in china. You’re  wrong, it’s not who you think.

General Motors is actually selling the majority of cars in China.

The data from the China Association of Automobile Manufacturers showed total sales in the first half at 1.8 million units, up 46.9 percent from the same period of 2005.


The main reason for GM’s success is that they have a joint venture in China, with a state owned auto maker. It’s odd that GM is losing relevance quickly in the US but gaining interest/relevance in China.  GM’s sales in China, over the past year, have risen 49 percent, which accounts for the majority of what’s going on with China’s auto sales

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Posted on Tuesday, July 11th, 2006 at 3:57 am In Auto Warranty  


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