General Motors renews China joint venture with SAIC for 20 years

General Motors (GM) said on Tuesday it has renewed its joint-venture agreement with China’s SAIC Motor for 20 years after a lengthy restructuring in the Chinese market that included plant closures and the elimination of some models.

General Motors renews China joint venture with SAIC for 20 years
General Motors (GM) said on Tuesday it has renewed its joint-venture agreement with China’s SAIC Motor for 20 years after a lengthy restructuring in the Chinese market that included plant closures and the elimination of some models.