Chevrolet Exits China As GM Turns Factories Into Export Hubs

Chevrolet will stop selling new vehicles in mainland China after more than two decades.

GM will keep Chinese joint-venture factories running and export Chevrolet cars to markets outside the US.

Aftersales support, including service and parts, will continue via GM’s joint ventures.

Chevrolet is pulling out of China’s new-car market after more than two decades, but General Motors is not shutting off the lights at its Chinese plants. Instead, GM is turning Chevrolet’s local footprint into an export machine, leaning on its joint ventures to keep building cars for buyers in other regions.

The move caps a brutal sales slide for the “golden bowtie”…

Read the full article at MOTOR1.COM