General Motors: Booming China Sales Should Set Up a Profitable Third Quarter
General Motors (NYSE: GM) just reported that its sales in China rose 6.6% in September, on strong SUV-driven gains for its Buick, Cadillac, Chevrolet, and China-only Baojun brands.
GM has now overcome the year-over-year declines in China sales that it posted earlier in 2017; year to date, its sales there are up 1.1% in 2017 versus the same period in 2016.
Data source: General Motors. YOY = year over year.
Source: Fool.com
General Motors Corp Stock
€40.72
0.210%
Currently there is a rather positive sentiment for General Motors Corp with 37 Buy predictions and 7 Sell predictions.
With a target price of 48 € there is a slightly positive potential of 17.89% for General Motors Corp compared to the current price of 40.72 €.
