GM Remains Committed to China Despite Steadily Plummeting Sales General Motors has been present in China since the late 1990s, and by GM we mostly mean Buick. In fact, Buick was among the first foreign brands to launch local production in the modern era of the country, after Volkswagen had set up a joint venture in the 1980s. But as China's EV industry surges, GM's presence in the Middle Kingdom has lost much of its momentum, with its share of the market falling quite abruptly, even though the Buick brand still offers a dizzying variety of vehicles. Can GM hang on in the face of this much domestic competition, especially in the EV age? |
