Crosstown rivals General Motors Co. and Ford Motor Co. reported mixed results in China in the third quarter as the world's largest car market continued its recovery from COVID-related disruptions earlier this year.
GM and its joint ventures in China delivered nearly 630,000 vehicles in Q3 — up about 1% year-over-year as the Detroit automaker said it saw sales "steadily recovering" from the effects of COVID-related restrictions in the first half of the year.
Ford, meanwhile, sold more than 133,000 vehicles in China in the third quarter — down 11% from the same period last year, but up 12% over the second quarter. The Dearborn automaker said in a news release that "sales momentum strengthened with further lifting of pandemic-related restrictions."
