The world auto industry has drove on an increase in consumption in China

In 2012, China turned out to be the largest world market. Residents of the Middle Kingdom made the most important contribution to the global growth in the production of new cars. This increase in consumption was a complete surprise for General Motors managers who received much more profit at the end of 2012 than they planned. About this writes China Daily.

Losses in Europe inspired GM to a merciless struggle with Volkswagen concern for maintaining the status of cars best sold in China. A serious growth in sales of Chinese consumers stimulated the global success of both corporations.

Such countries as Russia and India did not stand aside, which, together with China, took up sales of General Motors machines by 15% in the last quarter of 2012. The adjusted profit of the American company increased by 25% and amounted to more than $ 500 million.

The German concern Volkswagen increased sales by 24.5%, selling Chinese customers about 2 million 810 thousand cars.

Despite the slowdown in the growth of new cars in China by 6.8% in 2012 compared to 2011 and more than 30% compared to 2010, the Chinese market became the largest for GM and Volkswagen. Undoubted support to the Germans and Americans was given anti -Sapon sentiments in China related to the territorial claims of Japan. Toyota, Honda and Nissan were under pressure and slightly reduced the market share, while maintaining the level of sales.

In 2013, 95 marks of cars are fighting for their piece of pie in the car market of China. GM and its Chinese partners captured 14.3% of the market in the fourth quarter of 2012. "China remains a very important sales market for GM. Since 2009, Chinese consumers have already saved this company from bankruptcy, opening a huge potential for the growth of new cars," says David Zoya, editor of WardSauto magazine.