In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘US car industry’

China overtakes US as world’s no.1 car market

Posted by smeddum on June 12, 2009

The risk in China’s brisk car market

This goes some way to explaining oil price increases

16:46, June 10, 2009
People’s Daily
If someone asks what kind of commodity market is most brisk in China this year, the ready answer would definitely be car market.

Against a backdrop of slump car markets worldwide from January to May this year, car market in China is the first to warm up, and car sales have grown for five months in a row. So, the country has overtaken the United States as the world’s No. 1 car market. If nothing goes wrong in the year, China’s auto sales will breach the 10 million target. Read the rest of this entry »

Posted in Financial crisis, Multipolar world | Tagged: , , | Leave a Comment »

General Motors, Driven to the Brink

Posted by smeddum on October 26, 2008

General Motors, Driven to the Brink

Published: October 25, 2008
IN late May, senior executives at General Motors confronted a decision that few thought they would ever face: whether to continue developing the next generation of one of the most successful products in G.M.’s 100-year history — the full-size sport utility vehicle — or to punt the program entirely.

Saying Goodbye to the S.U.V. Read the rest of this entry »

Posted in Uncategorized | Tagged: , , | Leave a Comment »

%d bloggers like this: