SHANGHAI, Nov 20 (Reuters) – General Motors (GM.N: Quote, Profile, Research, Stock Buzz) has no plans to halt production at its vehicle manufacturing ventures in China, a spokesman in the country said on Thursday.
General Motors Corp. will extend its Christmas shutdown or make other production cuts at five factories as it deals with a continued U. S. auto sales slump and fights to stay solvent.
Also Friday, the company announced changes at five other factories that could increase production of some models, all based on a volatile U. S. auto market that has slumped to a 25-year low.
