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Wed May 13, 2009
Reports: GM to export China-built cars to US
SHANGHAI (AP) - – SHANGHAI (AP) - Reports say General Motors Corp. plans to begin exports of vehicles made in China to the United States within two years.
A spokeswoman for GM in China did not immediately respond to a request for comment on the reports, which are said to be based on a company recovery plan given to U.S. lawmakers.
The Shanghai Securities News and other reports today say GM intends to sell 17,335 made-in-China passenger cars in the U.S. market by 2011. It says by 2014 exports would triple to more than 51,000.
The reports say the main focus would be on exporting small cars similar to the Chevrolet Spark.
If true, GM could end up becoming the first automaker to begin exporting to the U.S. from China. Previously announced plans by Chinese manufacturers to crack the U.S. market have so far fizzled.