General Motors will take more than $5 billion in one-time charges in the fourth quarter related to a struggling Chinese joint ...
General Motors Co.’s stock slid 2.9% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion ...
General Motors Co.’s stock slid 2.9% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion in impairment charges and write-downs in the face of competitive price wars ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
China has become an increasingly difficult market for foreign car makers, with BYD and other domestic companies raising their ...
GM said it would write down the value of its joint venture with China's SAIC Motors by as much as $2.9 billion and incur ...
General Motors is taking a hard look at its struggling Chinese operations, with plans to restructure its joint venture with ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
General Motors could eventually benefit from eased pollution rules but faces immediate harm from Donald Trump's EV, trade policies.
General Motors Co.’s stock slid 2.5% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion in impairment charges and write-downs in the face of competitive price wars ...
The poor performance of the Detroit automaker's Chinese joint ventures is forcing the company to write down assets and take a ...
GM claims LG Energy Solution will get instant access to the Lansing plant after the transaction in order to start equipment ...