GM Eyes Growth Outside of U.S.

General Motors Corp. is likely to get as much as 75% of its car and truck sales from outside the Untied States within a decade, Bloomberg reported Monday.

The world’s largest automaker plans to push sales in the fastest-growing markets as demand in U.S. demand stagnates, GM Chief Executive Officer Rick Wagoner told Bloomberg Television.

In the third quarter of last year, 58% of GM’s sales came from outside its home market. GM relied on the U.S. for most of its volume as recently as 2004, Bloomberg reported.

GM makes light- and medium-duty trucks in addition to automobiles, and provides business to the trucking industry for transporting its auto parts to factories and distribution centers.