General Motors is halting exports of vehicles to China
1. GM halts exports of some U.S. vehicles to China via Durant Guild. 2. Durant Guild represented less than 0.1% of GM's sales volume in China. 3. The decision is due to significant changes in economic conditions. 4. GM aims to optimize operations while remaining committed to the Chinese market. 5. GM delivered over 443,000 vehicles in China in Q1 2023.