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China, GM
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 joint venture in China, one related to the restructuring of the operation and another reflecting its reduced value.
GM to take $5 billion in charges for changes to China business
GM and other U.S. automakers are struggling in China amid increasing domestic competition and changing consumer behavior there.
General Motors Takes $5 Billion Hit From Ailing China Business
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.
GM Adds Over 132,000 Heavy Duty Pickups to Recall
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
GM Recall Expands to Include 132,000 More Heavy-Duty Pickups
The recall adds certain 2024 Chevrolet Silverado and GMC Sierra 2500 and 3500 trucks to last February's recall of 323,000 pickups.
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
19h
GM is struggling so much in China, it had to announce massive charges to fix its business
China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 ...
11h
on 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 ...
Electrek
16h
GM sees $5 billion impact from restructuring in China
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 ...
1d
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 ...
GM Authority
6h
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 ...
18h
on MSN
GM sounds warning on troubled China market, the latest carmaker to do so
General Motors Co.’s stock slid 2.9% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion ...
HowToGeek on MSN
14h
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 ...
14h
on 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 ...
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