GM can regain market share in China after hitting 20-year low, executive says
Publishing timestamp: 2024-05-09 09:06:04
Summary
General Motors believes it can regain market share in China after hitting a 20-year low last year. GM's market share in China has dropped to 8.6% and its earnings have fallen. The company plans to stay in China despite market declines and geopolitical tensions. GM announced a leadership transition in China.
Sentiment: MIXED
Tickers: GM,
Keywords: breaking news: business, general motors co, detroit, transportation, autos, business, china, mary barra, business news, mark reuss,
Source: https://www.cnbc.com/2024/05/09/gm-can-regain-market-share-in-china-after-20-year-low-exec-says.html