Date
23 October 2017

GM China sharpens focus on SUVs, WSJ says

General Motors is expanding its Buick brand in China to tap into its booming sport utility vehicle (SUV) market, the Wall Street Journal reported Thursday. GM will introduce an SUV along the lines of its Buick Encore but larger, Matt Tsien, the newly appointed president of GM’s China operation, was quoted as saying. GM plans to introduce nine new or refreshed SUVs in China between 2013 and 2017 in a bid to catch up with Volswagen, the report said. China accounts for about 30 percent of all GM car sales worldwide. The United States carmaker dominated the market for eight consecutive years until last year when Volkswagen claimed the top spot. The German company sold 3.27 million vehicles to GM’s 3.16 million, the report said.

– Contact HKEJ at [email protected]

RA

EJI Weekly Newsletter

Please click here to unsubscribe