30 Sep '11, 11am

Rush is wrong (about General Motors)

Rush is wrong (about General Motors)

No automaker can ignore China. Not only has the Chinese auto market surpassed that of the U.S., but General Motors sells more cars there than here . The Chinese bought 2.35 million GM vehicles last year. The Chinese market grew 45 percent just between 2008 and 2010, and its sales of 13.6 million in 2009 eclipsed the 10.4 million sold in the U.S. I mentioned GM to a Chinese friend, and she looked blank until I said the word “Buick.” Then she was excited. “Everybody loves Buick in China,” she said. Without Chinese sales, Buick would have gone the way of Pontiac and Saturn . Is it necessary to explain to Limbaugh that the auto industry is international these days, and no car company sells only to domestic buyers? GM is in payback mode. Here’s Limbaugh: “Professional subsidy-sucking General Motors, which seems content to marinate in its taxpayer ‘investment’ indefinitely, is g...

Full article: http://www.mnn.com/green-tech/transportation/blogs/rush-i...

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