“That’s been an imperative for us, is that the business has to stand on its own and it can't take a significant amount of investment," he said.
Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assets
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On GM’s third-quarter earnings conference call, Chief Financial Officer Paul Jacobson said restructuring in China had not yet started, but sales were up and inventory was down.
Losses in China lead to $5B charge for General Motors as it cuts the value of its assets
→