💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

GM August China vehicle sales up 12 percent year on year

Published 09/05/2017, 02:28 AM
Updated 09/05/2017, 02:30 AM
© Reuters. The GM logo is seen at the General Motors Lansing Grand River Assembly Plant in Lansing,
GM
-
TYT
-
7267
-

BEIJING (Reuters) - General Motors Co’s (N:GM) vehicle sales in China rose 12 percent in August from a year earlier to 328,425 units, following a 6.3 percent increase in July, the Detroit-based automaker said on Tuesday.

GM’s January-August sales totaled 2.38 million vehicles, a 0.3 percent gain from the same period a year ago.

GM’s sales figures come on the heels of relatively strong sales numbers reported on Monday by Honda Motor Co (T:7267) and Toyota Motor Corp. (T:7203)

© Reuters. The GM logo is seen at the General Motors Lansing Grand River Assembly Plant in Lansing,

Honda said its sales in August grew 20.6 percent to 128,671 vehicles, while Toyota’s sales volume of 108,500 vehicles were up 13.2 percent ahead year-on-year.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.