Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shivani Kumaresan

GM Keeps Up Production In China By Retaining Workers In Factory: Reuters

  • General Motors Company’s (NYSE:GM) joint venture in Shanghai, China, is continuing production amid lockdown by making workers sleep on factory floors, Reuters reported.
  • The company has formed an arrangement in which workers sleep, live, and work in isolation from the rest of the world to prevent virus transmission. 
  • General Motors runs the facilities as a joint venture with Chinese state-owned automaker SAIC Motor Corp.
  • Reuters noted that the auto giant has resorted to such measures to keep its production uninterrupted as China has lockdown several of its cities and production hubs following a surge in COVID-19 cases.
  • Price Action: GM shares are trading higher by 0.72% at $44.54 in premarket on the last check Tuesday.
  • Photo by Kevauto via Wikimedia
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.