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Another Western Brand Abandons China: Chevrolet Withdraws Due to Pressure From Domestic Electric Vehicles
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In 2014, Chevrolet sold 767,000 vehicles in China. Eleven years later, its sales volume has plummeted to a mere 9,000 units annually. Faced with this situation, General Motors has made the drastic decision to withdraw the brand from the Asian country to focus on the more popular Buick and Cadillac models. Chevrolet is withdrawing from the Chinese market. The American brand, which sold 767,000 cars in the Asian country in 2014, had been present i…
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