Sunday, March 26, 2023
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT US
198 Automobile News
No Result
View All Result
  • Home
  • Videos
  • Business
  • Brands
  • Clubs
  • Ratings & Reviews
  • News
  • Blog
  • Ad
  • Autodeals
  • Auctions
  • Global Trends
  • Contact Us
  • Home
  • Videos
  • Business
  • Brands
  • Clubs
  • Ratings & Reviews
  • News
  • Blog
  • Ad
  • Autodeals
  • Auctions
  • Global Trends
  • Contact Us
No Result
View All Result
198 Automobile News
No Result
View All Result
Home News

GM sees first Chinese quarterly growth in two years | Automotive Industry News

by The Editor
October 12, 2020
in News
0
GM sees first Chinese quarterly growth in two years | Automotive Industry News
Share on FacebookShare on TwitterShare on EMail

[ad_1]

General Motors on Monday reportedly said continued market recovery from the COVID-19 crisis helped its China vehicle sales grow 12% on year in July-September, its first quarterly sales growth in the country in two years.

According to Reuters, the second largest foreign automaker in China by unit sales, after Volkswagen, said it delivered 771,400 vehicles in China in the third quarter. That followed a 5% fall in the second quarter when parts of China were still emerging from lockdown.

Sales rose 26% year on year for cars under the mass market Buick brand while those of premium brand Cadillac jumped 28%, GM said in a statement cited by Reuters. Sales of the mass market Chevrolet marque fell 20%.

Sales of no frills Wuling grew 26% while those of mass market Baojun fell 19%.

“GM’s compact models returned to four cylinder engines and that helped sales growth,” LMC Automotive senior analyst Alan Kang told Reuters, referring to an attempt to market cleaner but noisier three cylinder versions. “Cadillac also has a more complete lineup this year.”

Reuters noted China’s biggest automakers’ association expects overall car sales to grow by double digits year on year in July-September. Makers such as Toyota, Honda and Geely saw sales jump in the just ended quarter.

Reuters noted GM’s China sales fell 15% year on year in 2019 to 3.09m vehicles. The automaker delivered 3.65m in 2018 and 4.04m in 2017.



[ad_2]

Source link

ShareTweetSend

Related Posts

Food delivery strike in Malaysia today – Grab responds

Food delivery strike in Malaysia today – Grab responds

by The Editor
August 5, 2022
0

Yesterday, it was reported that food delivery riders were set to go on a 24-hour nationwide strike today to...

Tesla investors approve stock split; Musk to add factories, Auto News, ET Auto

Tesla investors approve stock split; Musk to add factories, Auto News, ET Auto

by The Editor
August 5, 2022
0

Tesla announced plans for the split in late March when shares were trading over $1,000. It will not affect...

FACT OR FICTION: The Sobering Truths Behind Fleet Safety – Webinar

FACT OR FICTION: The Sobering Truths Behind Fleet Safety – Webinar

by The Editor
August 5, 2022
0

August 24, 2022 |11:00 AM PST |Duration: 1 Hr ...

Auction Academy Class Marks a Half Year of Upfront Training – Remarketing

Auction Academy Class Marks a Half Year of Upfront Training – Remarketing

by The Editor
August 4, 2022
0

Auction Academy’s 7th Class Group met in Spokane, Washington for three days of training that included DAA...

Cummins completes acquisition of Meritor, to deliver decarbonized solutions, Auto News, ET Auto

Cummins completes acquisition of Meritor, to deliver decarbonized solutions, Auto News, ET Auto

by The Editor
August 4, 2022
0

New Delhi: Global power and technology leader, Cummins Inc. recently completed the acquisition Meritor, Inc., a leading global supplier...

2022 Chevrolet Silverado 1500 ZR2 AWD Review & Test Drive : Automotive Addicts

2022 Chevrolet Silverado 1500 ZR2 AWD Review & Test Drive : Automotive Addicts

by The Editor
August 4, 2022
0

Who would have thought that there would be an American truck race where manufacturers are vying for recognition for...

Load More
Next Post
2020 Hyundai Tucson Active (car review) • Exhaust Notes Australia

2020 Hyundai Tucson Active (car review) • Exhaust Notes Australia

This is terrible

This is terrible

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

No Content Available
Load More
198 Automobile News

Get the latest automotive news and follow the coverage of updates, new release, auctions, deals and and more from the world's top trusted sources.

Follow Us

Categories

  • Auto Auctions
  • Autodeals
  • Blog
  • Brands
  • Business
  • Clubs
  • Global Trends
  • News
  • Reviews
  • Videos

Recent News

CerebrumX’s deep learning platform hints at the future of connected vehicle data

CerebrumX’s deep learning platform hints at the future of connected vehicle data

August 5, 2022
Food delivery strike in Malaysia today – Grab responds

Food delivery strike in Malaysia today – Grab responds

August 5, 2022
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2020 198 Automobile News.

No Result
View All Result
  • Home
  • Videos
  • Business
  • Brands
  • Clubs
  • Ratings & Reviews
  • News
  • Blog
  • Ad
  • Autodeals
  • Auctions
  • Global Trends
  • Contact Us

Copyright © 2020 198 Automobile News.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?