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Posted December 7, 2008
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Cedar Creek, Texas
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GM Doing Just Fine in Russia
Looks like GM is doing just fine in Russia - Their sales have doubled. The Big Three are no longer big in the USA. They might be part of a term that could be called the Big Ten. They have lost market share, not so much because they build substandard vehicles, but because there is too much competition. They tried to stop the competition and lost. To give them billions of $ while they are thriving in new markets will be just one more nail in the coffin of this nation!
St. Petersburg, Russia
GM sales boom in Russia
GM nearly doubled industry growth in Russia from January-September 2008 with sales up 44 percent to 256,765 cars and SUVs. GM reached a market share of 11 percent and was the leading international vehicle manufacturer in Europe's second biggest market.
General Motors (GM) opened a $300 million, flexible assembly plant in St. Petersburg, Russia, in November of 2008. In attendance was President Dmitry Medvedev. The plant will add 70,000 units of capacity to more than 100,000 already available to GM at joint venture and partner facilities in the country. It will build the Opel Antara and Chevrolet Captiva SUVs and, as of late 2009, the all-new Chevrolet Cruze compact sedan. The plant features a flexible, modern design that can accommodate a variety of different models. "Today's plant opening underlines GM's strong commitment to Russia," said GME President Carl-Peter Forster at today's opening ceremony.
Perhaps American workers can get green cards to work in Russia!
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