It’s time for the automaker to seriously consider exiting its China business, Christopher S. Tang writes in a guest ...
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 ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
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 said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
GM and other U.S. automakers are struggling in China amid increasing domestic competition and changing consumer behavior ...
Automaker General Motors (GM) expects to take over $5 billion in non-cash charges on its joint-venture operations in China ...
General Motors Co.’s stock slid 2.9% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion ...