Insideline... reports…
There’s no denying that China represents the future and the kind of market growth that hasn’t been seen here since the first half of the twentieth century.
The Chinese market will be the bar that all companies will be judged by, and it’s good to see a domestic car company possibly in the lead for this type of thing, but I wouldn’t get to comfortable with the idea, it’s still too early in the game and things could change overnight, but in this case, this may be GM’s game to lose.
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Joe
SHANGHAI, China — General Motors in China would make a great case study for an MBA student. While GM tries to turn things around in the U.S., its sales are soaring in China, where the automaker surpassed Volkswagen to become No. 1 in passenger car sales.The contrast between GM China and GM North America is stark — and not lost on top GM executives. Indeed, they smartly are making a case study of their own of GM China to see what valuable lessons translate to other markets.This may qualify is a total streak of luck or evidence that either GM secretly knows what it’s doing, or the Gods have simply decided to smile On the General and give the old boy another chance.
There’s no denying that China represents the future and the kind of market growth that hasn’t been seen here since the first half of the twentieth century.
The Chinese market will be the bar that all companies will be judged by, and it’s good to see a domestic car company possibly in the lead for this type of thing, but I wouldn’t get to comfortable with the idea, it’s still too early in the game and things could change overnight, but in this case, this may be GM’s game to lose.
More..
Joe
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