BEIJING — General Motors’ vehicle sales in China fell 43 percent in the first three months of 2020 compared with the same period last year, the company said on Friday, as the coronavirus pandemic reduced demand in the world’s biggest auto market.
The pandemic has killed over 3,300 people in China, the world’s second-biggest economy, and caused the government to lock down parts of the country to contain the spread. The travel restrictions contributed to a 79 percent drop in overall auto sales in February after a 19 percent drop in January.
GM, China’s second-biggest foreign automaker, delivered 461,716 vehicles in the first quarter, the company said. The first quarter drop follows a second straight decline in annual sales in 2019.
GM has a joint venture in China with SAIC Motor Corp. which manufactures Buick, Chevrolet and Cadillac vehicles. It also has another venture, SGMW, with SAIC and Guangxi Automobile Group, that produces no-frills minivans and has started to make…