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General Motors' China Q4 Sales Rise 41% Q/Q on Strong NEV Deliveries
GMGM(GM) ZACKS·2025-01-11 00:41

General Motors Company (GM) and its joint ventures concluded 2024 with impressive momentum in China, achieving a 40.6% quarter-over-quarter increase in fourth-quarter deliveries, totaling nearly 600,000 vehicles. This represents the company’s strongest sequential growth since the second quarter of 2022. For the full year, GM delivered more than 1.8 million vehicles in the Chinese market compared with 2.1 million units in 2023.China remains a crucial market for GM, ranking second only to its U.S. operations. ...