General Motors is focusing on fast-growing global markets, particularly Asia and South America. Said the company's CEO Daniel Akerson, "Because of the bankruptcy, we're about 12 to 15 months behind
where we would want to be in new product introductions in this country. Where we are strong in '11, '12, '13 is Latin America and Asia, so that's where we want to remain strong and where we want to
make progress." The BRIC (Brazil, Russia, India and China) region will be the next arena in which automakers compete for market share. China last year became the world's largest auto market, with 18
million sold in 2010.
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