Friday, October 09, 2009

GM Sales in China -- Up 55%!

Green Car Congress stays on top of the news about auto technology. This posting about the sales boom in China is revealing. The world economy is transitioning from bust to boom in a hurry. As noted, GM and its partners hold an estimated market share, in China, of 13.4%. Total auto sales in China are on the path to exceed auto sales in the US, perhaps as early as next year!

The most important point for investors is that the steady pressure on resources will cause the current technology shift to mobile computing to shift into high gear. Internet Bubble 2.0 is being inflated while you read.

in reference to: Green Car Congress: GM and JVs Set Monthly Sales Record in China in September (view on Google Sidewiki)

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