Here's a dubious milestone that says a lot. Welcome to the new order in the world.
http://finance.yahoo.com/news/GM-says-China-sales-overtake-apf-4102886947.html?x=0&sec=topStories&pos=7&asset=&ccode=
SHANGHAI (AP) -- General Motors Co. says its first-half sales of vehicles in China overtook the U.S. for the first time amid a fitful recovery in American demand.
The 1.21 million GM-brand vehicles sold in China in January to June -- a near 50 percent gain over a year earlier -- compared with 1.07 million sold in the U.S. market, according to figures released separately by GM's U.S. and international headquarters.
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General discussion
China buys more GM cars than USA
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6 Posts
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if the cars are still made in the US and shipped over. Are they?
If not, the companies will still state it's a good thing as the profit returns to the host company. Good for the share-holders, executives, but anyone else?
Mark
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Chances are that few of the vehicles were made in the US.
Might be good for corporate GM, but little else.
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in China as in the USA. So, per head, the USA still wins by a big margin.
Maybe, in 15 years or so, we'll read "More Chinese cars than GM cars sold in the USA". We'll see.
Kees
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That might make them more appealing. Just need to be a bit careful about their culture and superstitions such as numbers that are lucky or unlucky.
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