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Topic: Business
Number of pages / Number of words: 13 / 3373
Essay's paper body

For the third quarter of 2003, General Motors reported earnings of US$162

million in its Asian operations, or about US$ 1,200 profit per vehicle sold. This can be

compared with North American earnings of US$128 million, or US$102 per vehicle sold.

Similarly, Volkswagen reported that 80 percent of its first half 2003 earnings came from China...


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Ford's current capacity of 20,000

units will be increased to 150,000 units. Ford announced that it will invest an additional

U.S.$1.5 billion in manufacturing capacity, new models and expansion of its sales network.

Given the current rush to expand manufacturing capacity in China, there is a growing concern of

too much capacity...


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General points of the essay

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