General Motors to transfer Vietnam operations to Vingroup's car arm

General Motors to transfer Vietnam operations to Vingroup's car arm

A man walks past new cars parked at a General Motors Co. (GM) Cadillac dealership in Shanghai, China, on Monday, Jan. 16, 2017. Cadillac sees "tremendous opportunities" in third and fourth-tier cities in China, according to Andreas Schaaf, vice president of Cadillac China. Photographer: Qilai Shen/Bloomberg

General Motors Co has agreed to transfer its Vietnamese operation to domestic car manufacturer VinFast Trading and Production LLC, in a move the pair said will marry GM’s automotive expertise with VinFast’s local market insight.

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