The retreat from the world’s largest auto market has begun
- Posted on December 17, 2024
- By CNN
- 2 Views
The retreat from the world’s largest auto market has begun
It wasn’t long ago that China was by far the largest, and most profitable market, for General Motors. While the company was hemorrhaging money in North America and Europe and hurtling towards bankruptcy and a bailout, sales and profits from China allowed it to keep the lights on.
