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GM’s Q3 China sales slip 18%

October 10, 2019

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BEIJING — General Motors’ light-vehicle sales in China fell 18 percent in the third quarter, as the automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in a key mid-priced crossover segment.

GM delivered 689,531 vehicles in China during the third quarter, according to a company statement. The drop for the quarter ended Sept. 30 marks the fifth straight quarterly decline for GM in China, the world’s biggest auto market.

It delivered 2.26 million vehicles in the first nine months of the year, according to a Reuters calculation.

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