4/6, 10:20 AM (Source: TeleTrader)
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GM deliveries in China surge 69% in Q1

General Motors continued the strong rebound across its brands in China in the first quarter of 2021, according to the announcement by the company on Tuesday.

GM and its joint ventures delivered more than 780,000 vehicles in China in the first three months, a 69% increase in comparison to the same period last year when it was negatively impacted by the COVID-19 pandemic. The company's rebound was driven by performance in luxury and premium vehicles, as well as midsize and large MPVs and SUVs.

The carmaker added it is also introducing cutting-edge EV technology in China with the industry's first hyper-scale battery platform Ultium. The first product that will use Ultium in China, the Cadillac LYRIC SUV, is slated to debut at Auto Shanghai 2021 in late April.

Breaking the News / IV