GM says China sales rise by 5.2% in second quarter

On March 16, 2021, the new GM logo is seen on the facade of General Motors headquarters in Detroit, Michigan, United States. REUTERS/FILE PHOTO/FILE PHOTO/FILE PHOTO/FILE PHOTO/FILE PHOTO/FILE PHOTO Reuters, July 9 – GM Co (GM.N) reported on Friday that second-quarter deliveries with its Chinese joint ventures increased by 5.2 percent to over 750,000 vehicles, owing to increased demand for its large and premium sport-utility vehicles and multi-purpose cars. The Cadillac XT6 three-row large luxury SUV had a 42 percent increase in sales to around 10,000 units, while the GL8 premium multi-purpose family vehicle saw a 40 percent increase in demand to over 45,000 units. (https://bit.ly/3AJMQhb) GM, which is developing its new “Ultium” battery technology, debuted an Ultium-based model for China earlier this year, the Cadillac LYRIQ all-electric SUV. According to the manufacturer, this electric SUV will be available in the country early next year. Ankit Ajmera contributed reporting from Bengaluru, and Devika Syamnath edited the piece. The Thomson Reuters Trust Principles are our standards./nRead More