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 ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
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 expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
Restructuring and maintaining the SAIC-GM joint venture is costing GM billions this year as sales continue to decline against ...
General Motors (GM) said Wednesday that it would record two non-cash charges totaling over $5 billion on its joint venture ...
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric ...
Auto giant General Motors warned in government filings on Wednesday that it will take a $5 billion hit in the fourth quarter ...