General Motors Company (GM): Buick And Chevy Continue To Do Well In China

Investing for even bigger growth in years to come
GM and its joint venture partners sold 2.8 million vehicles in China last year. GM executives hope to push that to 3 million this year – and to 5 million a year by the end of 2015.

GM is spending big to make that happen – an $11 billion investment in a series of new factories and facilities. That investment will be funded with revenues from GM’s current joint ventures in China.

If GM’s strong sales growth in China continues, those new factories will pay for themselves sooner rather than later – and then some.

The article GM Keeps Gaining in China originally appeared on Fool.com.

Motley Fool contributor John Rosevear owns shares of Ford Motor Company (NYSE:F) and General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford.

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