, Columnist
GM Needs China More Than It Fears Trump
While Mary Barra closes North American plants, don’t be surprised to see her doubling down on the automaker’s biggest market.
The Cadillac XT4: It’s big, especially in China.
Photographer: Michael Noble Jr./BloombergThis article is for subscribers only.
Sorry, Donald Trump: General Motors Co. isn’t leaving China anytime soon. It can’t and it won’t.
After the automaker announced plant closings across North America as part of a wide-ranging restructuring plan, the president lashed out on Twitter, threatening to strip GM of any U.S. government subsidies. He also pointed out that nothing was “being closed in Mexico & China” and that GM’s bet on China wouldn’t pay off. There may be some truth in that last point.