General Motors has suffered a second straight year of falling sales in China—and it doesn’t see things turning around quickly
Updated Jan. 7, 2020 8:16 am ET
General Motors Co. posted its biggest ever sales decline in China last year and warned of another tough year ahead, underscoring the challenges that U.S. car makers are facing as the world’s largest auto market suffers its first protracted decline in nearly three decades. GM said Tuesday that it sold more than 3.09 million vehicles last year in China, its biggest overseas market, roughly a 15% drop from 2018. It was the second straight year of falling sales in China. In 2018, sales slumped by about 10%—its first ever decline.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Viacom Digital Studios Shakeup: Kelly Day Out, Stefanie Schwartz Takes Reins as GM (EXCLUSIVE)ViacomCBS has changed up the leadership of Viacom Digital Studios, Variety has learned: Kelly Day, who has served as VDS’s president since its inception over two years ago, is exiting the rol…
Weiterlesen »
Mysterious pneumonia outbreak sickens dozens in ChinaSome of the afflicted worked at Huanan Seafood market, which has been closed to sanitize the market and investigate. Those patients are currently quarantined in medical institutions.
Weiterlesen »
Why is China raising the prospect of same-sex marriage?China has taken a step forward to allow same-sex marriage, a move that could undo years of discrimination and give new rights to the LGBTQ community
Weiterlesen »
Facebook defies China headwinds with new ad sales pushFacebook Inc is setting up a new engineering team in Singapore to focus on its l...
Weiterlesen »
Indonesia deploys fighter jets in stand-off with ChinaIndonesia's air force deployed four fighter jets to the South China Sea on ...
Weiterlesen »