General Motors' China Q4 Sales Rise 41% Q/Q on Strong NEV Deliveries
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General Motors' Q4 sales in China increased by 41% quarter-over-quarter, driven by strong NEV deliveries. GM and its joint ventures sold 600,000 units, marking a 40.6% rise.
January 10, 2025 | 5:00 pm
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General Motors reported a 41% increase in Q4 sales in China, driven by strong NEV deliveries. The company and its joint ventures sold 600,000 units, marking a significant quarter-over-quarter growth.
The significant increase in sales, particularly in the NEV sector, indicates strong market performance and potential revenue growth for GM. This positive sales data is likely to boost investor confidence and positively impact GM's stock price in the short term.
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