Mary Barra, GM chairman and CEO, says the automaker is not leaving China, but it is preparing to restructure its operations around Buick, which remains popular in the country, and the Wuling and Baojun joint ventures.
The start-up known for its innovative Skip Fire fuel-efficiency software for internal-combustion engines now is offering technology designed to optimize battery-electric-vehicle performance. The product is gaining traction in Europe and China, but a strategic investor would help the company move faster, top executives acknowledge.