Ford & GM Sales Soaring... In China

ggccg · 07-09-2008, 01:21 PM

Ford Motor Co. and General Motors both reported Tuesday that Chinese sales for the first half of 2008 have grown. Ford said its sales in China were up 21%to 172,411 units over the first half of last year, while GM said sales of its Buick, Chevrolet and Cadillac brands rose 12.7% to 590,126 vehicles in China.

Bogie · 07-09-2008, 01:41 PM

Go America!

Too many people look at the expanding Chinese economy as a competition thing. It's all how you look at it. Is the cup half full or half empty? Is it a billion competitors? Or, is it a billion CUSTOMERS!

**lorennerol** · 07-09-2008, 02:07 PM

I heard last night that China is putting 25,000 additional cars on the road every day and is on pace to have more cars that the US in the next ten years. I think it was Ted Koppel on The Daily Show. I believe the gov't there subsidizes the cost of gasoline.

Koppel also said that China has purchased between $600,000,000,000 and $1,000,000,000,000 in US treasury bills, effectively loaning us the money to execute wars in Iraq and Afghanistan. Eek.

eastonhockey74 · 07-09-2008, 02:13 PM

do you know what the top 2 selling cars are in china? ? Buick and Cadillac.

eddf · 07-09-2008, 02:34 PM

"China is putting 25,000 additional cars per day"

Yeah - corporations love the expanding China market.

But, higher demand for oil = higher prices for everyone. The higher pollution resulting from the growth in China and India scares the heck out of me.

Ed

07-09-2008, 01:21 PM	#1 (permalink)
ggccg First 2000 Sr. Member Join Date: Dec 2005 Location: Under Skip's Skin Posts: 1,497 My Photos: (0)	Ford & GM Sales Soaring... In China Ford Motor Co. and General Motors both reported Tuesday that Chinese sales for the first half of 2008 have grown. Ford said its sales in China were up 21%to 172,411 units over the first half of last year, while GM said sales of its Buick, Chevrolet and Cadillac brands rose 12.7% to 590,126 vehicles in China.

07-09-2008, 01:41 PM	#2 (permalink)
Bogie Senior Member Join Date: Aug 2007 Location: Northern, VA Posts: 2,483 My Photos: (0)	Go America! Too many people look at the expanding Chinese economy as a competition thing. It's all how you look at it. Is the cup half full or half empty? Is it a billion competitors? Or, is it a billion CUSTOMERS! __________________ 2008 Redline Black Onyx Black/Red Leather Monsoon 6 Disc Spoiler French Transmission Born July 2007 Snagged 8/31/07 Belle? That's my car Alizée? That's my avatar Me? Forty something male skydriver

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07-09-2008, 02:07 PM	#3 (permalink)
lorennerol Senior Member Join Date: Jun 2007 Location: Seattle area Posts: 455 My Photos: (0)	I heard last night that China is putting 25,000 additional cars on the road every day and is on pace to have more cars that the US in the next ten years. I think it was Ted Koppel on The Daily Show. I believe the gov't there subsidizes the cost of gasoline. Koppel also said that China has purchased between $600,000,000,000 and $1,000,000,000,000 in US treasury bills, effectively loaning us the money to execute wars in Iraq and Afghanistan. Eek.

07-09-2008, 02:13 PM	#4 (permalink)
eastonhockey74 Member Join Date: Apr 2007 Location: buffalo Posts: 82 My Photos: (0)	do you know what the top 2 selling cars are in china? ? Buick and Cadillac.

07-09-2008, 02:34 PM	#5 (permalink)
eddf Senior Member Join Date: May 2008 Location: Seattle Posts: 105 My Photos: (0)	"China is putting 25,000 additional cars per day" Yeah - corporations love the expanding China market. But, higher demand for oil = higher prices for everyone. The higher pollution resulting from the growth in China and India scares the heck out of me. Ed

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