Facing intense pressure from other EV makers, GM should seriously consider exiting its China business, Christopher S. Tang ...
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, US, on March 16, 2021. [Photo/Agencies] GM China has called its China business a "good asset" in an effort to ...
GM's profits and market share have tumbled, so much that, like other multinationals, the company's long-term presence in ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
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 ...
SAIC-GM-Wuling sold its 1.4-millionth Wuling MINI EV unit in China in November 2024, maintaining its leadership in the new ...
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 ...
GM's China division, once a profit engine for the Detroit company, is now losing money. The Detroit company has struggled ...