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GM eyes long-term growth in China market [Copy link] 中文

Rank: 4

Post time 2019-1-12 13:12:29 |Display all floors

General Motors (GM) views the China market constructively and is well positioned for its "long-term growth," despite recent challenges faced by the industry, the leading U.S. automaker said on Friday.

In a 2019 forecast report, GM said it will launch its all-new global family of vehicles first in China, followed by South America and Mexico.

"GM China will remain agile in responding to shifting market dynamics, as it launches more than 20 all-new or refreshed vehicles in 2019," said GM.

Those new products include compact cars and crossovers from GM's new global vehicle family, and new-energy vehicles.

China has replaced the United States as GM's biggest market. However, its sales there fell in 2018 amid an overall slowdown in the world's biggest auto market and China-U.S. trade disputes. Still, GM sold more cars in China than its home market.

GM expects China industry retail sales in 2019 to be in line with the 2018 level of nearly 27 million units.

Ford, another U.S. automaker, has also made efforts to enhance its performance in China.


Source(s): Xinhua News Agency

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Rank: 8Rank: 8

Post time 2019-1-12 18:01:38 |Display all floors
US efforts to push itself to be second to none in all fields conceivable might have left itself high and dry!
Ancient Chinese philosophy has solutions but may not suit US; due to its super ego!

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Rank: 8Rank: 8

Post time 2019-1-12 21:23:00 |Display all floors
GhostBuster Post time: 2019-1-12 18:01
US efforts to push itself to be second to none in all fields conceivable might have left itself high ...

re:   super ego

  Sources for the Wall Street Journal familiar with the matter claim Foxconn has been trying to internally transfer some of its Chinese engineers to the Wisconsin plant, to supplement the staff at the facility.
  The report claims Foxconn has encountered the problem of finding skilled workers for the factory. The state reached a jobless rate of just 3 percent in September, below the national average of 3.7 percent for the month...

Update: A later statement from the company provided to Gizmodo denied the claims in the report. "We can categorically state that the assertion that we are recruiting Chinese personnel to staff our Wisconsin project is untrue" Foxconn advised, reiterating its priority of focusing on hiring and training workers throughout the state and adding "We will supplement that recruitment from other US locations as required."

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Rank: 6Rank: 6

Post time 2019-1-12 22:48:38 |Display all floors
GM has no long-term future-anywhere.

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Rank: 6Rank: 6

Post time 2019-1-13 20:08:34 |Display all floors
GM has played a role in stifling Tesla's growth in the US, and it may have to pay the price for that.
Believe it or not, it's true.

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Rank: 8Rank: 8

Post time 2019-1-13 20:44:21 |Display all floors
New-energy cars are expected to become more popular in China since that is good for environment-protection.
Childish pure  mindset can simplify your life which let you live in a light way! Without man-made troubles you will work in high efficiency!

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