By Drew Johnson
Thursday, Aug 9th, 2007 @ 8:18 am

For the first time ever, GM is expected to sell more than one million cars in China on the heels of strong new car demand. This now makes China General Motors’ second biggest market, trailing only the U.S. in sales. Profit from China alone should top $230 million for GM.
This is just a hint at the growth potential for GM in Asian markets. According to GM executive Fritz Henderson, there is still a lot of growth potential in Korea, Taiwan, Malaysia, Thailand, and India, especially as GM expands their operations into these countries. It’s quite possible that within the next decade, Asia could surpass the U.S. as GM’s largest market.

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