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GM continues China restructuring after taking USD 1.1 billion charge
On January 8, General Motors announced it was taking a USD 1.1 billion charge for Q4 2025, needed to further restructure operations in China amid sharply declining sales, which fell from about 2 million vehicles in 2017 to under 563,000 in 2025. The downturn has led GM to scale down production at its SAIC-GM joint v....
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