Chicago
General Motors (GM) pledged to position itself for long-term growth in China, despite a challenging environment in the world’s biggest auto market. In its fourth-quarter and full-year 2019 financial results report, the leading U.S. automaker mentioned slowing auto sales both at home and abroad, but insisted that GM expects a steady 2020.
GM reported a full-year income of 6.7 billion U.S. dollars, down 17.4 percent from 2018. A national strike cost the company 3.6 billion dollars. —Xinhua
