SAIC Motor and General Motors (GM) have signed an agreement to extend their China joint venture partnership by 20 years, through 2047. The renewal keeps nearly three decades of cooperation intact and signals continued commitment to their China auto strategy, which is likely supportive but not immediately system-wide for markets.
SAIC Motor and General Motors (GM) have signed an agreement to extend their China joint venture partnership by 20 years, through 2047. The renewal keeps nearly three decades of cooperation intact and signals continued commitment to their China auto strategy, which is likely supportive but not immediately system-wide for markets.
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mildly positive
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0.25
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