GM's Auto Sales in China Plummet. The One Bright Spot is EVs. | Barron's

2022-07-09 11:12:44 By : Mr. Safer lifts

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https://www.barrons.com/articles/gm-auto-sales-china-evs-51657199855

General Motors ‘ latest figures on sales volumes in China are more evidence that the world’s largest car market was a tough one in the second quarter. Government-mandated Covid-19 lockdowns constrained production and created additional supply-chain issues for the entire auto industry.

The one bright spot for GM (ticker: GM) and the rest of the Chinese car industry was sales of electric vehicles.

General Motors‘ latest figures on sales volumes in China are more evidence that the world’s largest car market was a tough one in the second quarter.

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