HOW MANY VEHICLES DOES GM MAKE ?
GM sales have been declining for years
In 200 GM delivered only 3.928 million vehicles and held 5.0% Global Market Share
The vehicles shown for China were actually made by SAIC Motor
SAIC = Shanghai Automotive Industry Corporation
GM holds equity stakes in two of SAIC Motor's subsidiaries
Those SAIC sales have been declining and losing Chinese market share :
2018 = 3.645 million and 13.7% market share
2019 = 3.094 million and 12.2%, down -15.1%
2020 = 2.901 million and 11.6%, down -6.2%
GM's own sales have been declining too :
2018 = 4.741 million and 5.1% global market share
2019 = 4.624 million and 5.1%, down -2.5%
2020 = 3.928 million and 5.0%, down -15.1%
GM now basically only operates in North America and South Korea plus some operations in South America with the largest in Brazil
It has no presence in Europe, having exited that market in 2017 by selling GM Europe to Groupe PSA, which is now part of Stellantis
GM's sales in the USA have been continuously declining for the last 5 years, with the biggest drop of -11.8% in 2020
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.