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GM reports worst sales in China since onset of Covid-19 lockdowns

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WUHAN, CHINA – 2022/05/18: Employees wearing masks work on a car assembly line at the SAIC General Motors Co. The SAIC General Motors Wuhan Branch has resumed production following epidemic prevention and control rules. (Photo by Ren Yong/SOPA Images/LightRocket via Getty Images)

Sopa Images | Lightrocket | Getty Images

DETROIT – General Motors on Wednesday reported its worst quarterly sales in China since the beginning of the coronavirus pandemic, amid a resurgence of Covid-19 cases in the country and ongoing global supply chain problems.

The Detroit automaker said it sold 484,200 vehicles from April through June in China, its largest market globally. Sales were down 35.5% from a year…



Source cnbc.com

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