Apparently the news is not all bad for auto manufacturers in the United States. At least as it relates to subsidiaries of U.S. companies that are manufacturing and selling their vehicles in China. Companies like GM that are dangerously close to declaring restructuring bankruptcy status here in America, are growing by nearly 25% in the mainland of China.

Several U.S. companies are claiming a stake in the over 1.11 million auto units sold per month in China. Be clear, however, these are not automobiles that are built in the U.S. and imported to the Far East. These are local plants building vehicles with the use of local labor.

Apparently, China’s drivers are coming into their own love affair with the prospect of owning their own cars. Much like American’s love of affordable cars and fuel in the 50’s and 60’s, citizens of the largest country in the world are finding social status and pleasure associated with auto ownership.

With the help of the Chinese government, both manufacturers and car buyers are receiving assistance to help the automotive industry hit boom times. And with billions of potential customers, why not? Now if U.S. manufacturers could make a product worthy of importing to China…