GM closing plant in China
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TipRanks on MSNGM Pulls the Plug on Chinese Plant amid Restructuring PlansU.S.-based automaker General Motors ($GM) is reportedly pulling the plug on a Chinese plant amid its restructuring plans in ...
GM China sales grew 40.6 percent to nearly 600,000 units during Q4 2024 quarter-on-quarter, but the announcement still ...
in October. To be sure, subsidies play a role. But so does GM’s failure to adapt to a rapidly changing Chinese market that’s quickly embracing electric cars. In a December security filing ...
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