Why GM’s February Sales Numbers In China Are Misleading
GM’s sales in China fell by 9% in February (year-over-year comparison) due to the Chinese New Year. However, combined January and February sales paint a different picture. The Chinese New Year is a lunar phenomena, shifting between January and February, resulting in volatility in sales in these two months. Hence, it is better to combine sales for both months to get a better picture.
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Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for General Motors
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