General Motors reported a 24% drop in China sales during the third quarter, marking the automaker’s fourth consecutive quarter of declining performance in the world’s largest car market. The downturn reflects ongoing challenges in the region, including shifting consumer preferences and intensifying competition from both domestic and international rivals. Industry analysts suggest weakening demand for traditional vehicles amid rising electric vehicle adoption and economic pressures. The decline underscores broader struggles for foreign automakers navigating China’s evolving automotive landscape.
GM’s China sales fall 24% in third quarter, a fourth straight decline Automotive News