GM's third-quarter China vehicle sales down 17.5%, as U.S. automakers cede ground

) July to September vehicle sales in China fell 17.5%, as the U.S. automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in its key mid-priced SUV segment.

It delivered 2.26 million vehicles in the first nine months this year, according to Reuters calculation. In China, GM has a joint venture with SAIC Motor Corp , in which the Buick, Chevrolet and Cadillac are made. It also has another venture, with SAIC and Guangxi Automobile Group, in which they make no-frills minivans and have started to make higher-end cars.

More than 6 Chinese automotive manufacturer s closed up to now this year.

Trump winning at trade wars?

it's a buyers market .

Only fall 17.5%? Chinese have been very nice to GM.

everyone fell. nice play with the market share percentage.

They dont sell good electric vehicles. On macro level doesnt matter. On macro level also hurts brand. Both. They think they're a utility. They're not.

more reason to strike UAW

In China ? Specify

Slowing Nope ..cruise control

Due to the ongoing trade war between the US and Russia, the sales market deteriorated to a new record which caution to more losses in both states.

Results of Trump Making China Great Again.

tesla_truth And Tesla sales are rising.

so after India auto slowdown is becoming a asian auto-slowdown now

Our mission at is to build the social media platform that ends fake news

Wonderful!

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Opinion | The NBA sold out to China way before the Houston Rockets GM started tweetingU.S. basketball teams long ago agreed that submitting to authoritarianism was a reasonable price to pay for audience growth. THINK Can they move there & take the NFL with them? Plus, it would lower cable tv rates!!! WinWin THINK NBA has sold out to China. Money is better than freedom I guess. THINK Curious how their tweet made it through the great firewall of China.
Source: NBCNews - 🏆 10. / 86 Read more »

LVMH Shrugs Off Hong Kong Woes With 17% Q3 Sales RiseOrganic sales were up 19 percent in the key fashion and leather goods division, which includes Louis Vuitton and Dior.
Source: wwd - 🏆 24. / 68 Read more »

17 People Who Shouldn't Be Allowed Within 10 Feet Of A CakeReal cakes were killed in the making of this. I just want to bother snowylantern for a precious minute. This is the STUPIDEST list I've ever heard of. Clearly y'all have never worked a kid's birthday party where the kid wanted a piece of cake with their name on it. This is absolutely acceptable cake cutting.
Source: BuzzFeed - 🏆 730. / 51 Read more »

17 Crimes Against Everyday Objects That People Should 100% Be Serving Time ForCan an inanimate object obtain a restraining order? Can you do a list on animates like us being used as pillows & and so on?..🧐🤔😇👼🏽🐶🐾🐾 E.g. Donald Trump as the president of the United States.
Source: BuzzFeed - 🏆 730. / 51 Read more »

17 Reusable Products That'll Save You Money In The Long RunFeel free to reuse this post by bookmarking it for eco-friendly product inspiration.
Source: BuzzFeed - 🏆 730. / 51 Read more »

The 17 best hotels in the world, according to travelersThe hotels that make this list range in price point, style, and destination. Here's a look at the best hotels in the world, as ranked by travelers. travalacom
Source: BusinessInsider - 🏆 729. / 51 Read more »