General Motors Closing A Plant And Writedowns
General Motors is going the way of other legacy automotive companies.
In this video I discuss how they are writing down billions and facing plant closures. The chinese market is beling locked down, with legacy being out. This is crushing them financially, ending the major cash cow they relied upon for years.
▶️ 3Speak
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General motors is having stiff competition from the Chinese EVs and on home turf from Tesla motors.
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