General Motors: Booming China Sales Should Set Up a Profitable Third Quarter

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.

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Source: Fool.com