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.

General Motors (GM.N), opens new tab 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.

officially known as SAIC-GM (Shenyang) Norsom Motors Co., Ltd., in Shenyang, Liaoning, China, this month. A source told Reuters that it’s part of a restructuring effort underway for GM’s ...

It's important to mention that the SAIC-GM joint venture is the result of a 30-year contract signed in 1997. For GM's next ...

Hyundai-Kia, Tesla, and other firms such as new entrants from China and EV startups may take more share over time from existing players such as GM. GM's balance sheet and liquidity were strong at ...

Lei Jun set out to build the “Apple of China.” Xiaomi’s car business is now outpacing Tesla and Rivian.

In addition to all the recent GM highlights mentioned in the intro, the automaker also reported positive equity income for the fourth quarter, before restructuring costs, in China. That's a big ...

For years, American automakers have fought to keep Chinese-badged cars out of U.S. showrooms. But while political battles ...

General Motors on Monday announced the hiring of its first chief artificial intelligence officer as the automaker looks to ...