General Motors is closing a plant this month in the northeastern Chinese city of Shenyang as part of the U.S. automaker's restructuring in China, according to a company source.

General Motors (NYSE:GM) is closing its plant in Shenyang, China, this month as part of a broader restructuring to address declining market share. The plant, which produces Buick GL8 minivans and Chevrolet Tracker SUVs,