China still General Motors' biggest market

Source: Xinhua| 2019-02-07 03:23:13|Editor: Mu Xuequan
Video PlayerClose

CHICAGO, Feb. 6 (Xinhua) -- General Motors (GM) sold 3.65 million vehicles last year in China, which retained the title of the biggest market for the leading U.S. auto maker.

GM released its 2018 year-end report on Wednesday, saying that in the midst of a softening auto market in China, it delivered 3,645,044 vehicles there, down 9.8 percent year on year.

Still, it sold more units in China in 2018 than its home market, where GM delivered nearly 3 million vehicles.

Cadillac deliveries in China surpassed 200,000 units, rising 17.2 percent for the year, while the brand's global sales increased 7.2 percent.

Through Dec. 31, 2018, the company sold 8.4 million vehicles globally, 12.7 less than the previous year.

GM reported a net revenue of 147 billion dollars in 2018, with a net profit at 8.1 billion, 2.35 percent more than the previous year.

The auto maker contributed the results to strong pricing and surging crossover sales.

Meanwhile, GM Financial generated 2018 full-year earnings before tax of 1.9 billion dollars, up 58.3 percent compared with 2017.

"We navigated significant headwinds in 2018 to deliver another year of strong results, demonstrating the earnings resiliency of this company," said GM's Chief Financial Officer Dhivya Suryadevara.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091378033341
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
中文亚洲日韩A∨欧美 | 亚洲开心六月在线 | 日本三级欧美三级人妇视频黑白配 | 欧美AⅤ资源在线播放 | 亚洲人成在线亚洲人成在线 | 一区二区三区日韩欧美 |