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Microcap & Penny Stocks : Rat dog micro-cap picks...
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To: zoeie who wrote (39666)3/29/2009 4:00:14 PM
From: fishweed  Read Replies (2) of 48461
 
zoeie - While begging for handouts at home here's what Ford and GM are indeed doing.......we shouldn't expect them to come back home anytime soon and methinks it holds true for other industries as well.

"Both Ford and GM have been quick to move into emerging markets. GM has a 10 per cent share of the Chinese market -- second only to Volkswagen, the first western automaker to move into manufacturing in China -- and last year sold twice as many Buicks there as it did in the U.S. GM also has 20 percent of the Russian market, 22 percent of the Brazilian market, and last year its sales growth in India outstripped that of Hyundai. Before the global economic collapse emerging markets accounted for 35 percent of total GM sales, and helped boost total GM sales outside of North America to 65 percent of the company's total volume earlier this year.<i/>"

blogs.motortrend.com
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