EconomyGM renews 20-year China joint venture with SAIC after restructuring
General Motors said on Tuesday that it had renewed its joint-venture agreement with China’s SAIC Motor for another 20 years. The deal follows a lengthy restructuring of GM’s operations in the Chinese market. That process involved closing plants and removing some models from the lineup. The renewed partnership keeps the two automakers tied together in China after those changes.
GM renews 20-year China joint venture with SAIC after restructuring
