General Motors' China sales surged 50 percent to 151,084 units in April, a monthly record

[touchring]

http://www.reuters.com/article/marke...19298820090506

SHANGHAI, May 6 (Reuters) - Ford Motor Co's (F.N) car venture in China sold 33 percent more vehicles in April from a year earlier, its Chinese partner said on Wednesday.

General Motors' (GM.N) China sales surged 50 percent to 151,084 units in April, a monthly record, helped in part by its Wuling brand mini vans and pickup trucks made at a local venture, it said earlier this week. [nSHA123001].


Note: GM sold 172,15 units in US in April - http://www.123jump.com/market-analys...truggle/32729/

[doom&gloom]

Re: General Motors' China sales surged 50 percent to 151,084 units in April, a monthly record

I own one fo those Chevy Diesel Pick-ups. I hope they make those in China
so we can import parts for me one day when I need them...

[BiscayneSunrise]

Re: General Motors' China sales surged 50 percent to 151,084 units in April, a monthly record

http://www.reuters.com/article/marke...19298820090506

SHANGHAI, May 6 (Reuters) - Ford Motor Co's (F.N) car venture in China sold 33 percent more vehicles in April from a year earlier, its Chinese partner said on Wednesday.

General Motors' (GM.N) China sales surged 50 percent to 151,084 units in April, a monthly record, helped in part by its Wuling brand mini vans and pickup trucks made at a local venture, it said earlier this week. [nSHA123001].


Note: GM sold 172,15 units in US in April - http://www.123jump.com/market-analys...truggle/32729/

Main takeaway? Go long China.

[GRG55]

Re: General Motors' China sales surged 50 percent to 151,084 units in April, a monthly record

http://www.reuters.com/article/marke...19298820090506

SHANGHAI, May 6 (Reuters) - Ford Motor Co's (F.N) car venture in China sold 33 percent more vehicles in April from a year earlier, its Chinese partner said on Wednesday.

General Motors' (GM.N) China sales surged 50 percent to 151,084 units in April, a monthly record, helped in part by its Wuling brand mini vans and pickup trucks made at a local venture, it said earlier this week. [nSHA123001].


Note: GM sold 172,15 units in US in April - http://www.123jump.com/market-analys...truggle/32729/

Looks like Wuling replaced Pontiac...;)

[grapejelly]

Re: General Motors' China sales surged 50 percent to 151,084 units in April, a monthly record

it's bubble time in China? The government is reflating through another financial bubble to replace the collapse in global demand. Will it have a different outcome than Greenspan's efforts in the US did?

[GRG55]

Re: General Motors' China sales surged 50 percent to 151,084 units in April, a monthly record

it's bubble time in China? The government is reflating through another financial bubble to replace the collapse in global demand. Will it have a different outcome than Greenspan's efforts in the US did?

Why do you believe that where China is at today is analogous to the Greenspan era?

In the post-WWII period the following people served as Chair of the US Federal Reserve prior to Greenspan:

• Thomas B. McCabe
• William McChesney Martin
• William Miller
• Paul Volcker

Each and every one of these august gentlemen, including Volcker, pursued reflation policies [Miller's reign was so short, coming at the end of the Carter Administration, that we might excuse him from my accusation]. Nobody complained. The reflation efforts were, in fact, lauded by most observers, coming as they did in the aftermath of a periodic recession with all its attendant pain and suffering.

Who is to say that China's outcome won't resemble the post recession results of McCabe or Martin instead of Greenspan?