General Motors facing struggles selling in China, the largest automotive market

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Written By Jennifer Joslyn

🚙 General Motors facing struggles selling in China, the largest automotive market.

US automaker GM is reporting declining operations and joint ventures in the country across the Pacific Ocean, sitting at approximately 67% less than numbers relayed in 2014-2015. The Chinese market has become increasingly competitive, with local automakers such as Geely, BYD, and Great Wall Motors gaining market share. These domestic brands have been able to offer more affordable and localized products that appeal to Chinese consumers, which has put pressure on foreign automakers like GM to keep up.

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Jennifer Joslyn
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