GM sold 4M cars in China in 2017, its peak year. While BYD is indeed eating thei... | Hacker News

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kevstev 8 months ago | parent | context | favorite | on: Falling panel prices lead to global solar boom, ex...

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-chin...

American brands were considered prestigious as I understand it.

alephnerd 8 months 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.

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