GM $400 million loss in China 2018
GM is partnered with Chinese auto manufacturers as SAIC-GM-Wuling and the Chongqing plant opened in late 2014. Due to tariffs, GM absorbed a $400 million loss in China during 2018. :D
Looks like sales for GM have also fallen in China during the 3rd & 4th quarters 2018; only cadillac brands saw in increase in 2018. No company news releases on meetings, only declining sales reports.
Nov 1, 2018 http://gmauthority.com/blog/2018/11/cfo-gm-q3-2018-earnings-absorbed-400-million-headwind-of-commodities-tariffs/
Oct 15, 2018 http://gmauthority.com/blog/2018/10/china-auto-sales-plummet-which-is-not-good-news-for-general-motors/
Oct 8, 2018 http://gmauthority.com/blog/2018/10/gm-china-sales-numbers-figures-results-third-quater-2018-china/