The new plants are to be set up in the eastern Chinese cities of Tianjin and Qingdao.
The automaker also plans to expand production capacity at its plant in Chengdu in western China to 600,000 vehicles per year, Reuters said.
Two top shareholder advisory firms are recommending that shareholders support General Motors' incumbent board, a major setback to the activist investor and his fund's director-battle.
European stock markets were mixed Friday after occasional spots of positive news proved unable to fully offset the effect of a cocktail of uncertainties dogging investors.
German carmakers were under the cosh again Friday after Der Spiegel reported that President Donald Trump renewed his earlier attack on the industry in a meeting in Brussels
A sharp decline in crude oil prices fails to hit the stock market's rise on Thursday thanks to gains in the consumer sector.