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Time to buy GM stocks? GM India sales jump 50 per cent in September
Reena Nair
Oct. 1, 2009

Those who are little daring may look at this great contrarian approach and invest in GM stocks. GM failed in North America but is doing great in China and India.

General Motors India reported a whopping 50 per cent jump in its sales at 7,654 units in September, the highest ever monthly sales registered by the company in the domestic market.

The company's small car Chevrolet Spark registered more than two-fold jump in sales at 4,706 units, the highest ever since its introduction.

"We are pleased to see such robust growth for all our car lines and we believe these world class products will further propel the Chevrolet brand in the market," GM India Vice-President P Balendran said.


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Those who are little daring may look at this great contrarian approach and invest in GM stocks. GM failed in North America but is doing great in China and India.
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The job picture is gloomy. The underemployment is rising fast. People are forced to accept jobs they can find to pay their bills. But in the long term that equates to a long-term deep depression that cut US economy to half its current size.
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