In China, General Motors Co. expects to sell more than 2 million cars in 2010, and more than 3 million vehicles in 2015. GM is confident that it will be able to hit these targets in the world’s largest auto market.
Kevin Wale, president and managing director of GM’s China operations, said last Monday that GM has plans to release 25 new or upgraded models in China in 2010 and 2011. GM’s competitors in China and abroad include Volkswagen AG as well as other global giants. In a briefing with reporters, Wale said that GM is “very bullish” about the long-term growth.
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