GM Offers New Cars In China

April 13, 2008 – 10:46 am

by Darren

GM is looking to bolster their growth, so they look to where many companies do these days: China. Volume in China is picking up for American heavyweights. Ford is expected to sell 90,000 vehicles this year and GM is hoping to hit 400,000 units sold.

buick excelle

The Buick Excelle is popular in China

“We’ll use more integrated global resources to develop more cars for China in the next decade,” Ding Lei, who runs the Chinese operations, told Bloomberg. “The brand has got its’ root in China.”

GM has been experiencing falling demand in its’ domestic U.S. market, largely due to declines in sales of SUVs and light trucks. They are hoping to make up for the lack of demand by selling more units overseas. In fact, China is already the biggest market for Buick, with over 350,000 Buicks sold in 2006.

GM is currently the largest foreign auto maker in China.

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