The U.S. car market will probably total just above 16 million cars and light vehicles this year. And next year, a tight economy may take the figure down. GM (NYSE: GM) has about a quarter of the market, or 4 million units. With a shrinking market and competition from Japanese imports, holding that number may be hard.

But GM is doing well in China, where its is tied with Volkswagen for the No. 1 spot, and the U.S. car company's numbers get better in Latin America each year.

GM has another market which is rarely mentioned, but it is an example of how the firm is accelerating its investments and returns overseas in a bid to diversity geographically.

Continue reading GM Daewoo's success shows drive outside U.S.

GM Daewoo's success shows drive outside U.S. originally appeared on BloggingStocks on Tue, 18 Dec 2007 11:00:00 EST. Please see our terms for use of feeds.