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According to Observer.com, in response to previous reports by Bloomberg and other foreign media that General Motors will lay off employees and reduce R&D and other departments in China, on August 14, General Motors China responded that GM's partnership with SAIC Group and its commitment to promoting the long-term development of the joint venture have not changed.

GM China said that the company will continue to provide the best products and technologies for Chinese consumers and make good product plans for the future. As GM Chief Financial Officer (CFO) Paul Jacobson said earlier at an investor conference: "China's business is a high-quality asset for us now and in the future." In order to achieve long-term development goals, the company's cooperation and exchanges with its joint venture partner SAIC Group are closer than ever before to achieve profitability and sustainable development.

(Source: Tonghuashun, the above information is automatically generated by Nandu Wancaishe AI ​​big data)