Asia helping GM stay alive

While in my earlier posts I had talked about how the japanese manufacturers were ignoring the south-asian markets at their own peril.Fortunately Gm thought otherwise and concentrated on atleast china and slowly is trying to establish itself into India as well.So important these markets have become especially with declining sales in the north- american markets.Toyota are you listening..



General Motors Corp.'s Wuling minivans and Chevrolet Spark minicars are so popular in China even the vehicles reserved for test drives at the factory in Liuzhou have been sold. GM is hiring 500 more workers to keep up with demand.

In Lordstown, Ohio, the Detroit automaker is pressing the United Auto Workers union to give up janitorial jobs.

GM's contrasting thrusts in Asia and North America show why it may emerge as the strongest of the three U.S. automakers, 18 months after Chief Executive Officer Rick Wagoner had to deny bankruptcy speculation. By pushing sales in developing countries while slashing costs in expensive-labor markets like the U.S., GM may distance itself from the woes of Ford Motor Co. and DaimlerChrysler AG's Chrysler.

Source:
GM Survivor