General Motors has announced it will stop exporting vehicles from the U.S. to China, informing employees and dealers involved in its China export operations. The decision comes amid ongoing U.S.-China trade talks focused on tariffs and economic conditions, according to Reuters. The decision impacts GM’s Durant Guild premium import division, which accounted for less than 0.1% of its Chinese sales. In December, GM recorded a $5 billion charge tied to its Chinese operations, including a $2.9 billion write-down in a joint venture and $2.7 billion in restructuring costs, according to The Times. The move follows Ford’s similar exit from U.S.-to-China exports in April and highlights ongoing U.S.-China trade tensions, competitive pressures from Chinese automakers, and tariff-related headwinds.
