New-vehicle sales at General Motors’ joint venture with SAIC Motor Corp. slumped another 34 percent to 119,304 in November. Through November, deliveries at SAIC-GM, which builds and markets Cadillac, Buick and Chevrolet cars and light trucks, fell 18 percent to below 1.48 million, according to SAIC, a Shanghai-listed company.
China’s largest electrified vehicle maker, BYD Co., secured major orders for battery-electric buses from public transport operators in the Netherlands and Colombia. BYD signed a contract with Keolis Nederland, a Dutch public transport provider, to supply 259 electric buses. Deliveries will begin in summer 2020.
Zhejiang Geely Holding Group selected South Korea as the first export market for its commercial vehicles. The automaker’s commercial vehicle unit signed up the international trade arm of Korean steel giant Posco and Korean electrified vehicle developer Curo Group Co. as strategic partners for the export program.