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.

GM is shutting down the Norsom plant, officially known as SAIC-GM (Shenyang) Norsom Motors Co., Ltd., in Shenyang, Liaoning, ...

GM has a 50-50 joint venture in China with SAIC Motor Corp. The joint venture is called Shanghai General Motors or SGM. SGM makes and sells Chevrolet, Buick and Cadillac vehicles in the Chinese ...

Due to a plant closure, the Chevy Tracker crossover will no longer be built in China, although it will continue to be ...

Vehicles subject to the rule will start launching next year, and many companies have work to do to ensure they meet the ...

The development marked a breakthrough for Tesla’s chief executive, Elon Musk, in a country where his company has faced ...

By now, people are aware of the significant progress the Chinese automotive industry has made over the last decade or so. In ...

General Motors (GM) is set to close its plant in the northeastern of Shenyang, China as part of wider restructuring efforts in the Asian country, reported Reuters citing a company source.

Elon Musk's Tesla is under pressure in the world's largest car market from EV giant BYD and its rivals that are fast ...

General Motors Co. (NYSE: GM) stock had a stellar 2024, rising nearly 50%. The company was outperforming all its peers like ...

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GM's Q4 incentives as a percentage of Average Transaction Price (ATP) was three percentage points below the industry average, according to the company. GM's ATP was solid as well, averaging roughly ...