GM's operations in China, primarily via its two joint ventures SAIC-GM and SAIC-GM-Wuling, used to be very profitable.
As of October, BYD's share of the China auto market, which makes up more than 90% of its total sales, stood at 16.2%, up from ...
General Motors faces a $5 billion setback as it struggles to regain traction in the world's largest auto market.
GM's profits and market share have tumbled, so much that, like other multinationals, the company's long-term presence in ...
Redmi unveiled the Redmi K80 and K80 Pro smartphones in China. There have been reports that the brand is also working on a Turbo-branded phone for the home market. In a new development, Redmi General ...
Despite the false perception that electric vehicles are on their way out, the EV revolution continues, and these are the ...
Facing intense pressure from other EV makers, GM should seriously consider exiting its China business, Christopher S. Tang ...
Consider: Detroit’s automakers are laying off thousands of workers, scaling back electric vehicle projects and facing an ...
General Motors (GM) said Wednesday that it would record two non-cash charges totaling over $5 billion on its joint venture ...
SAIC-GM-Wuling sold its 1.4-millionth Wuling MINI EV unit in China in November 2024, maintaining its leadership in the new ...
The NBA will make its return to China in 2025 for the first time in over five years, for two preseason games between the Nets ...
U.S. auto giant General Motors GM is bracing for a $5 billion hit to its fourth-quarter adjusted pretax earnings due to ...