From CNBC: 2024-05-09 09:06:04

GM President Mark Reuss reveals a $2.2 billion investment in Detroit-Hamtramck Assembly plant for electric trucks and autonomous vehicles. GM aims to regain market share in China after it hit a 20-year low in 2023, dropping to 8.6%. The company’s earnings in the region have also fallen significantly. GM plans to stay in China despite challenges.



Read more at CNBC: GM can regain market share in China after 20-year low, exec says