Banks--- Betting on the recovery Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Banks--- Betting on the recovery

WFC 84.69

0.0%

11:49 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Road Walker who wrote (477)	5/7/2009 11:25:20 AM
From: tejek	of 1428

What doesn't make any sense to me is that GM increased sales in China by ~50%, and China is now the world's largest car market, but their numbers still suck. It doesn't seem to make sense although I'm sure there is a decent explanation. Actual sales in China are still fairly low given its population base......about 10 million per year. The US was at 16 million before things fell apart. In addition, GM's market share is not that great: "Due to an increase of sales in China of 17%, GM’s Asia market share rose from 6.9% to 8%. making it the only bright spot on the globe." 247wallst.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next