General Motors overtook Volkswagen to become the sales leader in China in the first half of 2005.
GM's momentum provides a bright spot in an otherwise disappointing year for the company. China is the world's fastest-growing market, and one of the only world markets expected to show solid long-term growth.
GM was No. 1 from January through June with sales of 308,722, including imports. Volkswagen's total was 182,982, including an estimated 3,000 imports.
GM is overtaking Volkswagen with superior marketing, a better dealer network and a better model mix. But winning in China is not as lucrative as it once was. Margins are tightening as the market turns to small vehicles.
Maybe the Chinese should ban foreign car makers from selling car's there?
GM's momentum provides a bright spot in an otherwise disappointing year for the company. China is the world's fastest-growing market, and one of the only world markets expected to show solid long-term growth.
GM was No. 1 from January through June with sales of 308,722, including imports. Volkswagen's total was 182,982, including an estimated 3,000 imports.
GM is overtaking Volkswagen with superior marketing, a better dealer network and a better model mix. But winning in China is not as lucrative as it once was. Margins are tightening as the market turns to small vehicles.
Maybe the Chinese should ban foreign car makers from selling car's there?
