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GM says China April vehicle sales down 0.4 percent

Published 05/06/2015, 10:33 PM
Updated 05/06/2015, 10:42 PM
© Reuters. An employee yawns as he walks among General Motors' new Chinese-made cars at a parking lot in Shenyang, Liaoning province
GM
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BEIJING (Reuters) - General Motors (N:GM) and its Chinese joint ventures sold 258,484 vehicles in China in April, down 0.4 percent from a year earlier, the U.S. automaker said on Thursday.

GM for the first time reported retail sales to customers rather than wholesale vehicle sales to dealers. Retail figures are generally viewed as a more accurate gauge of consumer demand.

© Reuters. An employee yawns as he walks among General Motors' new Chinese-made cars at a parking lot in Shenyang, Liaoning province

Under the previous methodology, the automaker had reported an 8 percent year-on-year rise in March and a 1.3 percent increase in February.

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