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China: GM, SAIC agree 1% JV stake sale

General Motors and Shanghai Automotive (SAIC) have reportedly reached an agreement that would allow GM to repurchase the 1% stake in their Shanghai GM venture. GM chief executive Dan Akerson initially informed shareholders of the plans at an annual meeting in Detroit last summer. The Shanghai GM venture, GM’s largest in Subscribe to Automotive World … Continued

General Motors and Shanghai Automotive (SAIC) have reportedly reached an agreement that would allow GM to repurchase the 1% stake in their Shanghai GM venture. GM chief executive Dan Akerson initially informed shareholders of the plans at an annual meeting in Detroit last summer.

The Shanghai GM venture, GM’s largest in

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https://www.automotiveworld.com/articles/93272-china-gm-saic-agree-1-jv-stake-sale/

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