General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
General Motors Co. will incur more than $5 billion in charges and writedowns tied to its troubled operations in China as the ...
There’s been a lot of talk about the Renaissance Center and the possibility of public tax dollars being used to fund the new ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
General Motors Co.’s stock slid 2.9% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion ...
Auto giant General Motors warned in government filings on Wednesday that it will take a $5 billion hit in the fourth quarter ...
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 ...