Lately, China has become a major source of revenue for two major American automakers, General Motors and Ford. The two automakers have announced that their respective sales output has risen consistently over the past few quarters.

General Motors and its partners said that they were able to sell 273,563 vehicles last month. That represents a growth of about 11 percent compared to June 2015. At the same time, Ford announced that along with its joint ventures, it was able to achieve a 2.5 percent growth compared to the same month in 2015.

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In a statement acquired by Knox News, General Motors China President Matt Tsien said, "Sales of Cadillac and Buick remained strong throughout 2016. We're also seeing very high demand for our Baojun entry-level passenger car brand."

The recent boom of the Chinese auto market saw a meteoric rise in demand for SUVs. Among the most demanded models in Ford's lineup are the EcoSport, Edge, Explorer, Everest, and Kuga. Other models like the Lincoln MKC, MKX, and Navigator saw a rise of 27 percent within the first half of the year, which is equivalent to about 150,000 vehicles sold.

Ford has sold more than 1 million units of the F-150s with EcoBoost in China. Moreover, the company's two largest joint ventures in China, Changan Ford Automobile and Jiangling Motors, increased their June sales by four percent and five percent, respectively.

According to Motley Fool, the rise of demand in the Chinese auto market could spell good fortune for companies that have already established a considerable user base in the country. This could also mean that American companies like Ford could reduce their reliance on the North American market which could further diversify their revenue stream across several markets.

TagsFord, GM, ford motors, General Motors, china market, Ford China market, GM China, Ford China