What GM Is Doing To Protect Itself From The China Slowdown

In recent months, there have been signs of slowing economic growth in China. Stock market crashes usually impacts the economy at large as capital reductions diminish wealth. Accordingly, the Chinese equities crash has made consumers nervous and as a result new car sales have declined for three months in a row. Moreover, international car makers are facing pressure from up and coming local Chinese players for market share. Additionally, the Chinese Government has devalued the yuan, which means th...