GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
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 ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
General Motors Co.’s stock slid 2.9% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion ...
SAIC-GM-Wuling sold its 1.4-millionth Wuling MINI EV unit in China in November 2024, maintaining its leadership in the new ...
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...
General Motors announced Wednesday it will book more than $5 billion in losses and write-downs due to the restructuring of ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
General Motors (GM) said Wednesday that it would record two non-cash charges totaling over $5 billion on its joint venture ...
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
General Motors CEO Mary Barra has said that China’s crowded market is a “race to the bottom”. For GM, it’s a contest that’s ...