The Traderszone Network

Published in TZ Latest News 8 June, 2017 by The TZ Newswire Staff

General Motors Still Trying to Recover From Slow Start in China

General Motors (NYSE: GM) deserves an immense amount of credit for its forward looking strategy in China. It entered the market years ahead of its cross-town Detroit rivals, and is in annual competitions with only Volkswagen to be the country’s top-selling foreign automaker. At a time when GM is pulling out of multiple markets, Europe as an example, it’s still forging ahead in the world’s largest automotive market. Here’s a look at GM’s May sales results in China, and how the automaker has progressed after a slower start to the year.

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