General Motors Company (NYSE: GM) is rolling out a startup-like import unit that would focus on China’s high-end market, CnEVpost reported on Tuesday, citing a company executive.
What Happened: The new business — focused on importing high-end vehicles to China — would enjoy a "high degree of autonomy and be fully independent to respond quickly to the needs of the Chinese market," CnEVPost reported based on the comments of GM China President Julian Blissett, made to a local daily.
