Reporter Zhou Xuan thousands of newspaper July 10, the new General Motors company formally established and began operation. General Motors China and its operations in China have been incorporated into the new General Motors Corporation as an important component. New General Motors is made up of the company's finest business assets. The US bankruptcy court approved the sale of the assets on July 5. The new GM will include four core brands retained in the U.S. market, a new lineup of Chevrolet, Cadillac, Buick and GMC's four core brands, and a powerful global business layout that includes all GM's business institutions in China, among others. GM's overseas subsidiaries, including all GM operations in China, are owned by the new General Motors Corporation, and all operations will continue to operate normally without impact. To be able to focus more on consumer demand and respond quickly, GM will no longer implement a regional business operation structure to make the decision-making process closer to consumers. General Motors International Operations headquarters will be located in Shanghai.
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