FACING SIGNIFICANT HEADWINDS CEO Mary Barra has been transforming GM's operations in China, and told investors in October that by the end of the year, there would be "a significant reduction in ...
CEO Mary Barra has been transforming GM's operations in China, and told investors in October that by the end of the year, there would be "a significant reduction in dealer inventory and modest ...
GM said it expects to write down the value of its joint-venture operations in China by between $2.6 billion and $2.9 billion. It also anticipates another $2.7 billion in charges to restructure ...
Once a dominant force in China's automotive market, GM has faced relentless pressure from domestic manufacturers and changing consumer preferences. Equity income from its Chinese operations peaked at ...
In August, GM also laid ... but mostly in its service and software divisions. The layoffs have been concentrated among the firm's white-collar workers. Its Tennessee operations appear to be ...