American Brands That Have Been Bought Out By Other Countries

Published on January 4, 2023
ADVERTISEMENT

General Motors

General Motors is the largest manufacturer in the U.S., but it heavily relies on a partnership with Chinese company Shanghai Automotive Industry Corp in order to keep funding up. This joint venture began in 1998, and many people may not realize that the Chinese company sells products under the GM name. GM is still headquartered in Detroit.

General Motors

General Motors

General Electric

General Electric was founded in 1892 as a small company, and since then it has grown to become a giant corporation that deals with aviation, power, venture capital, and healthcare. Even though products from GE are labeled as Made in America, the appliance division of the company was bought out by Chinese company Haier in 2016 for $5.4 billion.

ADVERTISEMENT
General Electric

General Electric