GM bets on new tech rather than geographical growth

Whether it's a brand, a manufacturing plant or a regional market—if it's not profitable, it's going under review. Automakers have always faced tough choices in the quest to deliver financial results, but the need for a strong balance sheet has never been greater. Everyone is scrambling to shore up funds to invest in new mobility areas, especially electrification and automation. Anything that takes away from that needs to go.