General Motors is shuttering a factory in Shenyang, China, as part of a company restructuring. The closure comes as Chinese automakers gain market share, leading to restructuring charges for GM.

China remains a crucial market for GM, ranking second only to its U.S. operations. The automaker partners with SAIC Motor Corp. in a 50-50 joint venture in China called Shanghai General Motors ...

Then we thought it'd be the Springo EV. Now we know that the first electric vehicle developed by Shanghai General Motors, the partnership between GM and SAIC, will officially be called the Sail ...

While most of yesterday's attention was rightly focused on the industry-wide year-end U.S. sales bloodbath, Shanghai Daily reports that 2008 was a bummer for GM's joint venture with SAIC in China.

DETROIT (Reuters) - General Motors is closing a plant this month in the northeastern Chinese city of Shenyang as part of the U.S. automaker's restructuring in China, according to a company source.