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

The closure is expected to lead to the discontinuation of the Buick GL8 Legacy, an older model now replaced by the Buick GL8 Century produced at SAIC-GM’s Jinquiao plant in Shanghai.

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

General Motors (GM) is closing its Shenyang manufacturing plant in northeastern China, a move that aligns with its broader restructuring strategy to navigate the shifting competitive landscape. The plant,

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

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.

By now, people are aware of the significant progress the Chinese automotive industry has made over the last decade or so. In 2024, China became the world's largest automotive market, with over 31.4 million units sold, accounting for 34.7 percent of global sales. It is also the largest export base, with 6.41 million units exported in 2024.

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

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.

General Motors Co. (NYSE: GM) stock had a stellar 2024, rising nearly 50%. The company was outperforming all its peers like Ford Motor Co. (NYSE: F) and Stellantis N.V. (NYSE: STLA) in the auto/tires/trucks sector firing on all pistons,

including pausing development of its Cruise robotaxi unit and restructuring its struggling China operations, as key factors behind the upgrade. Additionally, Deutsche Bank expressed confidence in General Motors Company (NYSE:GM)’s strong execution track ...