GM sets sales record in China

PT1

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SHANGHAI, China — There is good news for General Motors in at least one part of the world: China. Bankruptcy evidently hasn't hampered the reputation of the U.S. automaker with Chinese consumers, who purchased a record 814,442 vehicles from GM and its local partners in the first six months of 2009. The China sales tally includes 295,789 Wuling Sunshine microvans, making it the country's most popular vehicle. The Sunshine is made by the SAIC-GM-Wuling joint venture, a partnership with China's largest carmaker, Shanghai Auto. The entire Wuling range accounted for 524,598 sales in the first half, up 50 percent from the year-earlier period. With Wuling included in the China total, GM's first-half sales soared 38 percent from the previous year, while the company's sales in the U.S. during the same period plunged more than 40 percent from 2008, including 34 percent in June alone. Without the Wuling vehicles, the Shanghai-GM joint venture still sold 288,843 vehicles to Chinese consumers in the first half of 2009. The Buick brand continued to pace GM's efforts in China, notching a record 195,989 sales in the first half — up 34 percent from the previous year. GM said the new Chevrolet Cruze, which was launched in April in China, sold more than 19,000 units. Nice to see our billions of dollars doing their job....
 
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sales are booming in INDIA as well . GM sales were up here too . Just a matter of time before our oil / gas prices soar . What's good for GM is not good for all in the long run .
 
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