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GM sold 4M cars in China in 2017, its peak year. While BYD is indeed eating their lunch, they still sold 1.8M cars in China last year: https://stockdividendscre

GM sold 4M cars in China in 2017, its peak year. While BYD is indeed eating their lunch, they still sold 1.8M cars in China last year: https://stockdividendscreener.com/auto-manufacturers/gm-china-financial-results/ https://stockdividendscreener.com/auto-manufacturers/gm-chin... American brands were considered prestigious as I understand it.

alephnerd 1y ago
> American brands were considered prestigious as I understand it. For automotive, kind of but not really (excluding Tesla). Volkswagen Group was the primary foreign manufacturer that was also a status symbol in China.