General Motors' Positive Guidance On China Should Please Investors

According to our estimates, China is the most valuable segment for General Motors, accounting for more than 50% of its valuation. We expect total vehicle sales in China by the company to increase steadily over our forecast period and reach nearly 34 million by 2024. Hence, the recent announcement by General Motors that it witnessed an 18% increase in sales in China in July 2016 compared to the same month last year is significant. Furthermore, the company’s positive guidance on China, by which ...