GM Posts $48B Q2 Net Income as China Profit Streak Extends to Seven Quarters
General Motors reported Q2 2026 revenue of $48 billion, a net income of $1.3 billion, and improved sales in China.
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GM Reportedly Taps Wuling Bingo Pro for Chevrolet’s Next Affordable EV
General Motors plans to license and rebadge the Wuling Bingo Pro as Chevrolet’s entry-level EV for international markets.
GM China Sales Hit 350,000 in Q1 as NEV Shift Accelerates
On April 3, General Motors disclosed its latest data, showing that its retail sales in China reached approximately 350,000 units…
BYD Becomes Second Chinese Carmaker to Join IATF After Geely
So far, the Chinese automakers that have joined the IATF include Geely Holding Group and BYD Group.
BYD Overtakes Ford in 2025 Global Sales, Ranks Sixth Among Automakers
As major global automakers release their 2025 sales figures, BYD’s annual sales of 4.602 million vehicles make it the first Chinese automaker to enter the global top six by volume.
GM Reports Over 95% Localization in China Supply Chain
China remained critical to GM in 2025, accounting for 1.88 million vehicles — more than 30% of the company’s 6.184 million global sales.
GM Reportedly Planning to Reduce China-Made Parts in Its Supply Chain
GM’s latest adjustment primarily targets its North American vehicle production, favoring local sourcing while accepting alternative suppliers from outside China.
BYD Faces Headwinds in Japan, Turns to Price Cuts to Boost Sales
While price cuts and discounts have helped BYD expand in China, the same approach may backfire in Japan.