GM Writes Down Chinese Joint Venture. It’s a Warning for American Car Makers.
General Motors will take more than $5 billion in one-time charges in the fourth quarter related to a struggling Chinese joint ...
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 ...
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 ...
GM Takes $5B Hit to Restructure Struggling China Ventures
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...
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 ...
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General Motors is taking a $5 billion-plus hit on its operations in China
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 ...
GM recalls over 132,000 Chevrolet, GMC trucks over tailgate issue: See affected models
General Motors is recalling over 132,000 Chevrolet Silverado and GMC Sierra trucks equipped with power-unlatching tailgates.
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 ...
GM sounds a warning on troubled China market, becoming latest carmaker to do so
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 ...
GM's stock retreats on China costs as price wars face car makers
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 ...
Ford or General Motors: Which Auto Stock Deserves Your Cash Now?
After a detailed analysis, General Motors emerges as the stronger contender, better positioned to deliver superior returns ...
GM Sees $5 Billion Hit to Restructure Troubled China Business
General Motors Co. will incur more than $5 billion in charges and writedowns tied to its troubled operations in China as the automaker tries to salvage its once-profitable business in the world’s ...