General Motors: The Chinese market - our way

largest American automanufacturers not be able to settle with the Ministry of Finance for loans obtained from the U.S. administration, if the concern can not provide stable profit level this year. Strengthening its presence in the market of the Middle Kingdom, overtaking on the basis of last year”s traditional world leader avtoprodazh, United States -f70is the most effective, if not the only way to return the corporation to profitability. This opinion is expressed by experts and top management of the American giant, reports CNN.

Last year the sales of GM products in China grew by 67% over the same period the year before last, while the corresponding figure in the U.S. market decreased by 30% compared to 2008. Cumulative sales of cars in the domestic market while exports than China, but this difference is rapidly shrinking and, according to the president for international operations of GM Tim Lee, the situation will change soon with China”s favor.
 

According to the analyst in the automotive industry, Michael Robineta CSM Worldwide, Asia - a very promising area for the vehicle manufacturers; invested in the region funds must bring its dividends, the expert said. Agrees with him director of industrial research Autogroup IHS Global Insight Linland Rebecca (Rebecca Linland), which believes that the Chinese market will greatly help GM recover from bankruptcy, but to return the group to profitability, according to the expert, you need sales growth in all North America.

Ukraine will create a National Commission regulation of transport?
Kyivavtodor: Snow-removal technique does not withstood the first snowfall
Where did the money allocated for snow removal in Kiev?
In Kiev there is no money for the funeral of single people from boarding?
Google does not exclude the possibility that hackers break into the server internet giant, has helped one of the officers search engine
In Russia, the bank guarantee will replace the payment
Financial Analyst others in 2010 the collapse of China
Suslov: The Ukrainian market of financial services has not sufficiently competitive
Citigroup recorded in the IV quarter. loss in connection with repayment of debt to the state

This entry was posted in Main News. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>