General Motors faces a $5 billion setback as it struggles to regain traction in the world's largest auto market.
It’s time for the automaker to seriously consider exiting its China business, Christopher S. Tang writes in a guest ...
General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion ...
GM's profits and market share have tumbled, so much that, like other multinationals, the company's long-term presence in ...
China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
DETROIT, Dec 4 (Reuters) - General Motors (GM.N) told shareholders on Wednesday that it would record two non-cash charges ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
GM and other U.S. automakers are struggling in China amid increasing domestic competition and changing consumer behavior ...
General Motors announced Wednesday it will book more than $5 billion in losses and write-downs due to the restructuring of ...
SAIC-GM-Wuling sold its 1.4-millionth Wuling MINI EV unit in China in November 2024, maintaining its leadership in the new ...