GM posts strong Q2 performance

General Motors and its joint ventures delivered 858,344 vehicles in China in the second quarter of 2018, up 0.7 percent on the same period last year. Despite the slowing of the passenger vehicle market, its Cadillac and Baojun brands achieved record deliveries for the second quarter, while Chevrolet continued to post double-digit growth. In the first half of 2018, GM deliveries in China grew 4.4 percent on an annual basis to 1,844,396 units. In the second half of the year, the company is adding 10 new and refreshed models, two-thirds of the total for the year.