Buick and Cadillac are giving GM some healthy returns in China, some Nissan dealers are very mad at Nissan, and Hyundai is worried about Kona fires. All that and more in The Morning Shift for October 12, 2020.
It always feel a little weird to say that Cadillac and Buick are passé in the US, but things are a bit different in China. GM said Monday that, on the strength of those two brands, its sales in China for the third quarter were up for the first time in a quarter in two years.
The second-biggest foreign automaker in China by units – after Germany’s Volkswagen AG VOWG_p.DE – said on Monday it delivered 771,400 vehicles in China in the third quarter. That followed a 5% fall in the second quarter, when parts of China were still emerging from virus-busting lockdown measures.