GM’s China sales drop below US for the first time since 2009

GENERAL Motors (GM) sold fewer vehicles in China than in the United States for the first time since 2009, as consumers in the world’s biggest auto market increasingly opt for domestic brands.

GM’s deliveries dropped around 9 per cent to 2.1 million last year in China, whereas US sales jumped 14 per cent to 2.59 million, according to company statements.

The carmaker has slumped in China since 2017, when it delivered 4.04 million vehicles – roughly double its total last year.

GM has not been alone in losing ground. China’s electric car manufacturers have ascended in their home market at the expense of international companies including Volkswagen, whose signature brand lost the No 1 spot to BYD’s namesake last year.

Automotive News reported that GM sold more vehicles in the US than in China earlier Monday. BLOOMBERG