It’s time for the automaker to seriously consider exiting its China business, Christopher S. Tang writes in a guest ...
DETROIT, Dec 4 (Reuters) - General Motors (GM.N) told shareholders on Wednesday that it would record two non-cash charges ...
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 ...
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 profits and market share have tumbled, so much that, like other multinationals, the company's long-term presence in ...
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 ...
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
Chinese automaker BYD is set record over 4 million units sold during the 2024 calendar year, with plans to up that total to ...
GM and other U.S. automakers are struggling in China amid increasing domestic competition and changing consumer behavior ...