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China’s SAIC aims to slash jobs at GM, VW ventures and EV unit

SHANGHAI — China’s SAIC Motor aims to cut thousands of jobs this year at its joint ventures ... say SAIC-GM is “reducing its workforce by 30 percent” but declined to elaborate. A VW ... Read More
GM’s China Partner SAIC Flags Steep Profit Plunge on Writedown

Shanghai-based SAIC has long benefited from its ventures ... long been China’s largest automobile manufacturer, said in a separate filing Friday that in order to facilitate the GM restructuring ... Read More
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