· Mass development faces obstacles to plan to cut costs and protect profits

According to overseas media reports, the status of GM's global sales champion has remained for many years, but due to the recent security problems, GM's second-quarter earnings ranking has relegated to fourth place. The throne of the global sales champion has been occupied by Toyota, followed by the public.
According to the sales situation in the first half of this year, GM ranked third in the world, but if only from the financial report of the previous quarter, GM has even dropped to the fourth position. Analysts and industry observers even said that if GM's security issues continue to erode sales and revenue, it may not be able to maintain its fourth position.
According to reports, Volkswagen's revenue in the second quarter of this year was 68 billion US dollars (equivalent to 408 billion yuan), followed by Toyota, with a revenue of 62 billion US dollars (equivalent to 372 billion yuan). In addition, Daimler Group's revenue in the last quarter also exceeded GM, ranked third with a performance of 42 billion US dollars (equivalent to 252 billion yuan), while GM's revenue in the second quarter was only 39 billion US dollars (equivalent to 2,340 yuan) 100 million yuan, ranking fourth.
Ranked fifth is the Renault-Nissan Alliance, which had a difference of only US$100 million (equivalent to RMB600 million) in the previous quarter; Ford Motor’s last quarter revenue was US$37 billion (equivalent to RMB222 billion). Hyundai-Kia has developed rapidly, with revenues of $31 billion (equivalent to RMB 186 billion) in the previous quarter; quarterly earnings of Honda and BMW of US$29 billion (equivalent to RMB 174 billion) and US$26 billion (equivalent to RMB 156 billion) respectively. Shortlisted in the top ten.

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