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 ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $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 ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
GM’s CEO Mary Barra told Fortune in October that China’s EV price war “has become a race to the bottom with pricing and the ...
General Motors announced Wednesday it will book more than $5 billion in losses and write-downs due to the restructuring of ...
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
GM has a 50-50 joint venture in China with SAIC Motor Corp. — Shanghai General Motors — which makes and sells Chevrolet, ...
SAIC-GM-Wuling sold its 1.4-millionth Wuling MINI EV unit in China in November 2024, maintaining its leadership in the new ...