financetom
Business
financetom
/
Business
/
General Motors to Reportedly Halt US Exports to China
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
General Motors to Reportedly Halt US Exports to China
May 26, 2025 10:45 AM

07:03 AM EDT, 05/20/2025 (MT Newswires) -- General Motors ( GM ) will halt vehicle exports to China, news outlets reported, citing company statements.

The company has informed employees and dealerships linked to its China business that it will stop shipping vehicles to China, Reuters reported.

GM sends vehicles to China from the US via its Durant Guild business which it is now restructuring, according to the reports.

GM did not immediately reply to MT Newswires' request for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Top Premarket Gainers
Top Premarket Gainers
Oct 10, 2025
07:36 AM EDT, 10/10/2025 (MT Newswires) -- Safe & Green ( SGBX ) shares were 87% higher pre-bell Friday, rebounding from Thursday's losses. One and One Green Technologies (YDDL) stock was up 50% after the company's Nasdaq debut on Thursday. Leifras ( LFS ) shares were 20% higher, erasing the bulk of Thursday's losses. Top KingWin ( WAI ) stock...
Tesla's China-Made EV Sales Reportedly Rebounded in September
Tesla's China-Made EV Sales Reportedly Rebounded in September
Oct 10, 2025
07:31 AM EDT, 10/10/2025 (MT Newswires) -- Tesla's (TSLA) sales of China-made electric vehicles rose 2.8% year-on-year in September to 90,812 units, multiple media outlets reported Friday, citing data from the China Passenger Car Association. The reports said sales of Model 3 and Model Y vehicles from its Shanghai factory, including exports, rose 9.2% from August. In Q3, Tesla delivered...
Silver Storm Seals US$7 Million Offtake Financing With Samsung C&T for Restart of La Parrilla Complex
Silver Storm Seals US$7 Million Offtake Financing With Samsung C&T for Restart of La Parrilla Complex
Oct 10, 2025
07:34 AM EDT, 10/10/2025 (MT Newswires) -- Silver Storm Mining ( SVRSF ) Friday said it has sealed an offtake prepayment financing deal with Samsung C&T for the restart of operations at La Parrilla Silver Mine Complex in Durango, Mexico. The US$7 million facility is for 18 months and the agreement grants Samsung the right to purchase 100% of the...
China to Impose $56.16 per Metric Ton Retaliatory Port Fee on US-Tied Ships
China to Impose $56.16 per Metric Ton Retaliatory Port Fee on US-Tied Ships
Oct 10, 2025
07:36 AM EDT, 10/10/2025 (MT Newswires) -- China's ministry of transport said Friday it will impose a special port fee on ships with US ties, effective Oct. 14. The charges will total 400 Chinese renminbi ($56.16) per metric ton of goods carried, increasing to 640 renminbi in six months, 880 renminbi in 2027, and 1,120 renminbi in 2028. The penalties...
Copyright 2023-2026 - www.financetom.com All Rights Reserved