Let these numbers sink in.

The two that stick out the most (since it’s mostly all bad news):

• Chevy is now selling only ~3K/month in 🇨🇳.

• GM continues its slide down 29.2% YoY.

I am not sure Chevy would have much better luck just giving cars away.

This also points to Chevy being well on its way to being an export only brand for GM in 🇨🇳.

This is partly the reason why SAIC has decided to launch new EV brands of their own - they see the writing on the wall for foreign brands in the 🇨🇳 market.

Potential silver lining for Chevy - they launched to PHEVs at the AutoBeijing 2024.

H/T to @leixing77 on X.