GM's third-quarter China vehicle sales down 17.5%, as U.S. automakers cede ground

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GM's third-quarter China vehicle sales down 17.5%, as U.S. automakers cede ground
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General Motors Co's July to September vehicle sales in China fell 17.5%, as...

) July to September vehicle sales in China fell 17.5%, as the U.S. automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in its key mid-priced SUV segment.

It delivered 2.26 million vehicles in the first nine months this year, according to Reuters calculation. In China, GM has a joint venture with SAIC Motor Corp , in which the Buick, Chevrolet and Cadillac are made. It also has another venture, with SAIC and Guangxi Automobile Group, in which they make no-frills minivans and have started to make higher-end cars.

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