GM’s sales and market share has been gradually declining as competition in China increases from local automakers. The loss announced on Wednesday includes $US5 billion in restructuring costs and a ...

The SAIC-GM partnership began in the 1990s. Its deal expires in 2027, and it's unclear whether it will be renewed in the face ...

General Motors (GM) said Wednesday that it would record two non-cash charges totaling over $5 billion on its joint venture ...

The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...

General Motors said on Thursday its Chinese joint ventures have seen strong sales growth for a fifth straight month in ...

The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...

Asian equities were mixed overnight as South Korea underperformed in an unexpected political development, Taiwan and ...

Automakers such as General Motors are beginning to fall behind as Chinese automakers stretch ahead in sales, appealing to consumers wanting EV and hybrid vehicles.

Tesla shares jumped 28-percent in the first week after Donald Trump's reelection, and this has since risen by 37-percent from ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

GM is restructuring its joint venture operations with SAIC Motor Corp. in China, which will cost the automaker more than $5 ...

GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...