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RE: LeoThread 2025-06-01 15:20

in LeoFinance4 months ago

Part 4/11:

Once hesitant to share core technologies, GM began a shocking technology giveaway starting in 2010. Under its new memorandum of understanding with SAIC, GM agreed to develop all future technologies collaboratively. This pivotal moment heralded a dramatic shift in GM’s strategic direction, leading to deep-rooted implications for the American automotive industry.

As GM engineers trained their Chinese counterparts, they inadvertently facilitated SAIC's technological catch-up. By 2012, SAIC was leveraging GM’s advanced platforms and technologies to produce cars that outcompeted GM’s own offerings in global markets.

Systematic Surrender: Feeding into SAIC’s Expansion