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RE: LeoThread 2024-12-27 09:16

in LeoFinance6 days ago

Part 5/8:

Despite GM's recent profitability, their challenges loom large, particularly concerning their operations in China. Substantial losses in this critical market and potential write-downs exceeding $20 billion indicate significant turmoil on the horizon. The company may find itself in a position where it can only operate as a North American entity, primarily selling to Mexico, Canada, and the U.S.

The Global Shift in the Automotive Industry

One of the most pressing threats facing GM is the rapid ascendance of Chinese automotive manufacturers who are aggressively capturing global market shares. The reality for GM is stark: their previous dominance in markets like Uzbekistan, where they commanded nearly 98% share, is under siege.