General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 ...
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...
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 ...
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 ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
General Motors (GM) is expected to take a $5 billion hit in non-cash charges over its joint-venture operation in China with ...
GM and other U.S. automakers are struggling in China amid increasing domestic competition and changing consumer behavior ...
Auto giant General Motors warned in government filings on Wednesday that it will take a $5 billion hit in the fourth quarter ...
Automaker General Motors (GM) expects to take over $5 billion in non-cash charges on its joint-venture operations in China ...