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<blockquote data-quote="Weather Man" data-source="post: 16603309" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3679539-general-motors-reports-69-jump-in-china-deliveries-for-q1" target="_blank">General Motors reports 69% jump in China deliveries for Q1</a></p><ul> <li data-xf-list-type="ul">General Motors (<a href="https://seekingalpha.com/symbol/GM" target="_blank">GM</a> +0.3%)announces that deliveries in China rose <a href="https://media.gm.com/media/cn/en/gm/news.detail.html/content/Pages/news/cn/en/2021/Apr/0406-sales.html" target="_blank">69% Y/Y</a> to more than 780K vehicles against the soft COVID-19 comparable in the region,</li> <li data-xf-list-type="ul">The automaker points to a strong performance in luxury and premium vehicles, midsize/large SUVs and MPVs, including the Cadillac CT5 and XT6, Buick GL8 family and Buick LaCrosse. The Wuling Hong Guang MINI EV remained the best-selling electric vehicle in China.</li> <li data-xf-list-type="ul">Buick deliveries were up 78% during the quarter to over 224K units and Cadillac deliveries were 114% higher to 57K units.</li> <li data-xf-list-type="ul">GM says it is accelerating the introduction of global technologies in China to enable an all-electric and intelligent future. The company's Ultium hyper-scale battery platform is targeted to empower a wide spectrum of EVs across GM brands and segments in China.</li> <li data-xf-list-type="ul">GM's retail sales in the U.S. <a href="https://seekingalpha.com/news/3678618-general-motors-us-retail-sales-top-19-in-q1" target="_blank">were up 19% in Q1</a>.</li> </ul><p></p><p></p><p><a href="https://seekingalpha.com/news/3679522-fisker-ceo-teases-electric-vehicle-price-starting-at-37499" target="_blank">Fisker CEO teases electric vehicle price starting at $37,499</a></p><ul> <li data-xf-list-type="ul">Fisker (<a href="https://seekingalpha.com/symbol/FSR" target="_blank">FSR</a> -1.6%) CEO Henrik Fisker <a href="https://twitter.com/henrikfisker/status/1379420655297331201" target="_blank">tweets</a> that an affordable electric can be a "little tough" too as he teases out a starting price of $37,499 for the company's Ocean EV.</li> <li data-xf-list-type="ul">Earlier this month, Fisker drew a <a href="https://seekingalpha.com/news/3678459-fisker-draws-cautious-first-look-from-barclays" target="_blank">cautious view</a> from Barclays. The firm says Fisker might look cheap compared to Tesla, but thinks considerable risk still exists for investors due to competition from legacy and new automakers. Seeking Alpha author Josh Arnold is also on the sidelines with Fisker. "If we get another run to $30, I'll certainly be bearish then. But for now, it just looks like a fairly priced lottery ticket," he <a href="https://seekingalpha.com/article/4417443-fisker-hope-not-valid-investing-strategy" target="_blank">wrote earlier this month</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16603309, member: 137766"] [URL='https://seekingalpha.com/news/3679539-general-motors-reports-69-jump-in-china-deliveries-for-q1']General Motors reports 69% jump in China deliveries for Q1[/URL] [LIST] [*]General Motors ([URL='https://seekingalpha.com/symbol/GM']GM[/URL] +0.3%)announces that deliveries in China rose [URL='https://media.gm.com/media/cn/en/gm/news.detail.html/content/Pages/news/cn/en/2021/Apr/0406-sales.html']69% Y/Y[/URL] to more than 780K vehicles against the soft COVID-19 comparable in the region, [*]The automaker points to a strong performance in luxury and premium vehicles, midsize/large SUVs and MPVs, including the Cadillac CT5 and XT6, Buick GL8 family and Buick LaCrosse. The Wuling Hong Guang MINI EV remained the best-selling electric vehicle in China. [*]Buick deliveries were up 78% during the quarter to over 224K units and Cadillac deliveries were 114% higher to 57K units. [*]GM says it is accelerating the introduction of global technologies in China to enable an all-electric and intelligent future. The company's Ultium hyper-scale battery platform is targeted to empower a wide spectrum of EVs across GM brands and segments in China. [*]GM's retail sales in the U.S. [URL='https://seekingalpha.com/news/3678618-general-motors-us-retail-sales-top-19-in-q1']were up 19% in Q1[/URL]. [/LIST] [URL='https://seekingalpha.com/news/3679522-fisker-ceo-teases-electric-vehicle-price-starting-at-37499']Fisker CEO teases electric vehicle price starting at $37,499[/URL] [LIST] [*]Fisker ([URL='https://seekingalpha.com/symbol/FSR']FSR[/URL] -1.6%) CEO Henrik Fisker [URL='https://twitter.com/henrikfisker/status/1379420655297331201']tweets[/URL] that an affordable electric can be a "little tough" too as he teases out a starting price of $37,499 for the company's Ocean EV. [*]Earlier this month, Fisker drew a [URL='https://seekingalpha.com/news/3678459-fisker-draws-cautious-first-look-from-barclays']cautious view[/URL] from Barclays. The firm says Fisker might look cheap compared to Tesla, but thinks considerable risk still exists for investors due to competition from legacy and new automakers. Seeking Alpha author Josh Arnold is also on the sidelines with Fisker. "If we get another run to $30, I'll certainly be bearish then. But for now, it just looks like a fairly priced lottery ticket," he [URL='https://seekingalpha.com/article/4417443-fisker-hope-not-valid-investing-strategy']wrote earlier this month[/URL]. [/LIST] [/QUOTE]
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