It’s time for the automaker to seriously consider exiting its China business, Christopher S. Tang writes in a guest ...
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 ...
GM's profits and market share have tumbled, so much that, like other multinationals, the company's long-term presence in ...
General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion ...
Chinese automaker BYD is set record over 4 million units sold during the 2024 calendar year, with plans to up that total to ...
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 announced that it sold more than 200,000 units in China during the month of November 2024, across its SAIC-GM and ...
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 ...
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...