GM Wants To Nearly Double Its Exports From China

A few weeks ago, GM's spokesman Greg Martin said: "There will be no exports of these cars built in China. Cars that are built in China are sold in China." No true, said GM China head Bob Socia to Reuters today, reiterating former statements that GM's Chinese export machine is in full swing: "GM plans to export as many as 130,000 China-made vehicles this year, up from 77,000 vehicles in 2012, driven by demand for its Chevrolet Sail in other emerging markets," Reuters writes. The Sail, GM's $9,800 car, goes to "South America and other emerging markets," Socia told Reuters. According to the wire, GM is China's second-largest  car exporter with 33,623 units shipped overseas in the first four months of the year, behind Chery, which shipped 46,234 units. For the first time in the history of car manufacturing, Chinese carmakers have sold 1 million cars outside of China in 2012, writes Matt Gasnier. GM was glad to help. from The Truth About Cars http://www.thetruthaboutcars.com

Put the internet to work for you. via Personal Recipe 680102