GM Widens Lead Over Toyota in China With 7.9% Sales Gain
This article is for subscribers only.
General Motors Co.’s China sales rose during the first two months of the year, extending the U.S. carmaker’s lead over Toyota Motor Corp. in the world’s biggest auto market, as demand for Japanese brands shrank.
Combined sales in the country during January and February climbed 7.9 percent to 525,835 vehicles, Detroit-based GM said on its website today. In the past week, Japan’s Toyota, Nissan Motor Co. and Honda Motor Co. have reported declines in January-to-February deliveries in China.