It’s absolutely clear to everyone now that the U.S. auto sales begin to ebb, that is the main reason why the American auto giant General Motors is eyeing growth in China as an even more crucial component of its business. GM auto sales in China through the first eight months of the year jumped 8.1% to 2.38 million, compared with a 4.2% drop to 1.96 million in the U.S.. That included 293,537 autos sold in August, a monthly record and up 18% from the year-ago period.
The president of GM China has admitted that this growth was expected by the company, and this year has really been running stronger than before. General Motors China has more than 58,000 employees, and sells sport utility and of course cars under Chevrolet and Buick brands. GM has also targeted China as a venue for its luxury Cadillac line.