MechEngineer Wrote:
Dec 20, 2012 12:35 PM
GM has several plants in China and has the second largest market share, after VW. Ford has plants to and is building 4 more in China and India. That's a good thing! China is now the largest automobile market in the world by volume, and it is critical to their long term survival that GM and Ford have a major presence in those markets. Having large and growing market shares in Asia does not detract from GM's and Ford's domestic business; rather, it complements it, by increasing the volume on global product platforms, spreading product development costs out and allowing suppliers to charge less per part sold, ultimately lowering the cost of cars sold here and/or increasing the profitability of our companies, something we all should want.