GM ? A reason to cheer?
Earlier this month, the headline read: ?GM dealers in the United States delivered 156,673 vehicles in September down 45 percent. GM retail sales were down 46 percent while fleet sales declined 43 percent.? In China, something entirely different is going on. September sales surpassed [b]181,000 vehicles[/b], and almost 1.3 Million units YTD. For the first nine months YTD, GM?s sales in China totaled 1,292,549 units, which represented an increase of 55.6 percent from the first nine months of 2008 and a new record for the period. GM and its joint ventures ended September with an estimated market share of 13.4 percent.
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