General Motors is shuttering a factory in Shenyang, China, as part of a company restructuring. The closure comes as Chinese automakers gain market share, leading to restructuring charges for GM.
While most of yesterday's attention was rightly focused on the industry-wide year-end U.S. sales bloodbath, Shanghai Daily reports that 2008 was a bummer for GM's joint venture with SAIC in China.
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General Motors' China Q4 Sales Rise 41% Q/Q on Strong NEV DeliveriesChina remains a crucial market for GM, ranking second only to its U.S. operations. The automaker partners with SAIC Motor Corp. in a 50-50 joint venture in China called Shanghai General Motors ...
DETROIT (Reuters) - General Motors is closing a plant this month in the northeastern Chinese city of Shenyang as part of the U.S. automaker's restructuring in China, according to a company source.
made their global debut this evening at Shanghai GM Gala Night. They were joined by the Bolt EV concept and the 2015 Captiva, which made their China debut. The new models were introduced as ...
GM reported a loss of $2.96bn in Q4 2024. Credit: Linda Parton/Shutterstock. General Motors (GM) is set to close its plant in the northeastern of Shenyang, China as part of wider restructuring ...
SAIC Motor announced on March 2 its monthly auto sales reached 294,942 units in the second month of 2025, surging 41.9% from the previous year. Shanghai (Gasgoo)- SAIC Motor announced on March 2 its ...
DETROIT (Reuters) - General Motors is closing a plant this month in the northeastern Chinese city of Shenyang as part of the U.S. automaker's restructuring in China, according to a company source. The ...
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