General Motors sells more cars than Volkswagen in China
General Motors and Volkswagen have long been keen contenders in Chinese markets. In the race to become No.1 in the world, securing the top spot in China plays a major role. For first half of 2013, General Motors has managed to outsell Volkswagen due to increased demand Buick, Chevrolet and Cadillac.
China being a major market for these automakers, extensive expansion plans are afoot. General Motors is spending $11 billion till 2016 with five new assembly plants being planned while Volkswagen will be investing $12.5 billion and plans to augment production while 7 new vehicle and component plants are part of the company’s strategy.
Email - [email protected]