GM's China Nightmare: Sales Crash from 641K to 20K - Chevy DEAD
GM is facing a catastrophic collapse in China, with sales plummeting from 641,000 units in 2017 to just 20,000 in 2024. Once-popular brands like Chevrolet are now virtually dead in the market, as Chinese EV makers dominate. GM’s rapid decline underscores the challenges foreign automakers face in China’s fast-evolving auto landscape(..)
P.S. This is no surprise: It was already clear in 2017 that legacy automakers should not "slow walk" the transition to electric vehicles...otherwise they will lose not only the ICE vehicle manufacturing business, but also the competition in the electric car market... Now we just have to wait for the next phase, when American car companies will lose influence in the car markets of other countries...












