Market Overview

GM Reports 10.4% Rise In October China Sales

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Sales at General Motors Co (NYSE: GM) and its China joint ventures surged 10.4% y/y to 220,412 units in October.

Sales of passenger cars by Shanghai GM gained 4.3% to 103,309 units. For the first 10 months of the year, sales at GM and its joint ventures came in at 2,113,274 units.

GM shares dropped 1.75% to close at $23.61 on Friday.

 

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Posted-In: October China SalesNews

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