Today GM announced that they will be opening up new plants within the next 2 years in china to increase their production capacity to 5 million vehicles. I think that this is a great move for GM. In China GM and Volkswagen are the two most popular vehicle producers. By GM doing this they will be able to gain market share. Another great thing about this is that since china is starting to see its middle class grow GM is going to be able to take full advantage of all the new consumers that are going to be on the market looking for a new vehicle. What are your thoughts on GM producing more vehicles?
http://news.yahoo.com/gm-boosting-china-production-capacity-5-million-121354941.html
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