Auto Knight

GM Sees Sales Decline In China

Tuesday, January 6th, 2009

GM can't count on China anymore as a growth engine anymore. The company had counted on China to be a bright spot in 2008 sales figures, but they slipped there, also. GM's vehicle sales in China rose 6.1% to 1,094,561 units, a record, but growth declined from 19% in 2007 ...

Posted in GM | No Comments »

General Motors Has A Lousy Year

Saturday, January 3rd, 2009

General Motors is finishing up what can only be described as a lousy year. The company just received over $9 billion in federal bailout funds and they're expected to post their worst sales numbers since 1992. If GM needed a slogan for 2008 it would be "Ouch." Sales dropped ...

Posted in GM | No Comments »