GM’s China venture to recall 1.44 mln cars over engine issue

On September 20, 2020, a Wuling logo is displayed on an electric vehicle (EV) at a SAIC-GM-Wuling dealership in Beijing, China. Yilei Sun/Yilei Sun/Yilei Sun/Yilei Sun/Yile (Reuters) – BEIJING, July 16 – According to China’s market regulator, SAIC-GM-Wuling, GM’s (GM.N) China joint venture with SAIC Motor (600104.SS) and a smaller firm, would recall 1.44 million Wuling and Baojun automobiles in China owing to an engine component issue. The Wuling Hong Guang MINI EV, the world’s best-selling electric vehicle, is also sold by the Liuzhou-based joint venture. A request for comment from the venture’s representative was not immediately returned. Yilei Sun and Tony Munroe contributed reporting, and Christopher Cushing edited the piece. The Thomson Reuters Trust Principles are our standards./nRead More