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China, GM

GM Sees $5 Billion Hit to Revamp Its Troubled China Business

General Motors Co. will incur more than $5 billion in charges and writedowns tied to its troubled operations in China as the automaker tries to salvage its once-profitable business in the world’s largest car market.

Newsweek on MSN · 15h

GM Takes $5B Hit to Restructure Struggling China Ventures

GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the same period in 2023.

AOL · 11h

GM China to take $5B hit; 'there will be no comeback story,' expert says

GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year and saw sales slipping 19% through the same period compared to a year ago. China autos expert Michael Dunne of Dunne Insights believes the situation in China won’t improve and that GM might need to exit.

GM Adds Over 132,000 Heavy Duty Pickups to Recall

Carscoops on MSN · 3h

GM Recalls Over 130,000 Pickups For Wonky Tailgates That Could Open On Their Own

GM says that water can come in contact with the tailgate's electronic release switch and cause a short circuit

U.S. News & World Report · 1d

GM Adds Over 132,000 Heavy Duty Pickups to Recall for Tailgates That Can Open Unexpectedly

General Motors is adding over 132,000 heavy-duty pickups in the U.S. to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park

Reuters on MSN · 1d

GM recalls over 132,000 trucks over tailgate unlatching, NHTSA says

The National Highway Traffic Safety Administration said on Tuesday that General Motors is recalling about 132,037 trucks due to concerns about tailgates unlatching unexpectedly. The recall affects certain 2024 models of Chevrolet Silverado HD 2500,

9hon MSN

GM warns Wall Street of a $5 billion hit it expects to take from losses in China

In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...

GM recalling 132K trucks: If you have one of these vehicles, bring it to your dealer ASAP

General Motors (GM) is recalling 132,037 trucks due to malfunctioning tailgates that unlatch without warning. GM’s recall ...

13hon MSN

GM warns of $5B hit in upcoming quarterly report

Auto giant General Motors warned in government filings on Wednesday that it will take a $5 billion hit in the fourth quarter ...

18hon MSN

GM to take more than $5 billion in charges on China operations

General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...

GM Authority5h

GM Spurred CarBravo Used Vehicle Sales By Offering Cheap Barbie Dream Cars

GM and CarBravo collaborated with the McCann MRM marketing to create a unique campaign leveraging the iconic Barbie Dream Car ...

HowToGeek on MSN12h

GM and EVgo Just Hit a Big Milestone With EV Chargers

General Motors and its EV charging partner, EVgo, have doubled the number of public stations in their U.S. charging network ...

Why GM could suffer under Trump policies to ‘save’ Detroit automakers

It might seem like U.S. President-elect Donald Trump’s plan to gut automotive emissions restrictions and fuel-efficiency ...

WSYM-TV1h

What does GM’s decision to sell its battery plant stake reveal about EV demand?

Patrick Anderson the Principal and CEO of Anderson Economic Group explains market realities that are shifting the auto ...

10hon MSN

If Trump relaxes regulations, GM may offer fewer hybrids, EVs, CFO says

GM CFO Paul Jacobson told Wall Street the company has war gamed different scenarios, but doesn't want to overreact.

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China, GM

GM Adds Over 132,000 Heavy Duty Pickups to Recall

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