GM China Quarterly Sales Rise for First Time in 2 Years
General Motors (NYSE: GM) announced today that its Chinese sales rose 12% for the quarter ended in September versus the year-ago period. The gain follows a 5% drop in the second quarter, and marks the first year-over-year gain for sales in China in two years.
The company said it delivered 771,400 vehicles in China, including its joint-venture partnerships. GM said it sees strong momentum in the vehicle sales market as China's economy recovers from the COVID-19 pandemic.
Source Fool.com
