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GM’s China Sales Drop Below US for the First Time Since 2009
General Motors Co. sold fewer vehicles in China than in the US for the first time since 2009, as consumers in the world’s biggest auto market increasingly opt for domestic brands. GM’s deliveries dropped around 9% to 2.1 million last year in China, whereas US sales jumped 14% to 2.59 million, according to company statements. The carmaker has slumped in China since 2017, when it delivered 4.04 million vehicles — roughly double its total last year. GM hasn’t been alone in losing ground. China’s electric-car manufacturers have ascended in their home market at the expense of international companies including ... (full story)