General Motors Is Creating an Import Business to Send Certain Iconic Vehicles to China

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The business, which GM is calling a start-up within the company, will focus on vehicles and potentially brands that are currently not available in that market.

GM did not export any vehicles from the U.S. to China in 2021, according to a company spokeswoman. That compares to GM's overall sales in China last year of 2.9 million vehicles. GM previously has imported some U.S.-built vehicles to China, such as the Chevrolet Camaro, but in low volumes, according to research firm LMC Automotive.

The new import business"is being built from the ground up and will enjoy a high level of autonomy," GM said in a statement. The automaker declined to disclose other information regarding the business, saying"additional details will be shared at a later date." Halo vehicles are often iconic products that are unique in design and feature high-performance parts. They're used to attract attention to a car nameplate or brand.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ford Rises On Plan To Carve Out ‘Model e’ Electric Vehicle BusinessFord Motor Co. is doubling down on plans to compete with Elon Musk’s Tesla, General Motors and other global rivals in the race to dominate the fast-moving electric vehicle market. اهم شيء ماكرون ماهي رئيس آخر وماهو رئيس لأخرى ! Making my math, doubling what Ford Motor Co did until now. Maybe wen spacex stablish civilization on Mars 🤣 It is about time. I wonder what took them so long... 👀
Source: Forbes - 🏆 394. / 53 Read more »

Elon Musk’s Business Ties to China Create Unease in WashingtonElon Musk’s ties to China are causing concern in Washington, including among Republican lawmakers who have been some of the billionaire entrepreneur’s most ardent supporters here are my naked photos Private citizen 🚨 🚨 What about Apple Computer?
Source: WSJ - 🏆 98. / 63 Read more »