General Motors said it expects to take more than $5 billion in noncash charges in the fourth quarter because of weakness in ...
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...
Restructuring and maintaining the SAIC-GM joint venture is costing GM billions this year as sales continue to decline against ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
General Motors Company (NYSE:GM) shares are trading lower on Wednesday after the company concluded that a material impairment ...
GM and other U.S. automakers are struggling in China amid increasing domestic competition and changing consumer behavior ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
General Motors (GM) anticipates over $5B in non-cash charges related to its joint venture in China due to restructuring and ...
General Motors (GM) announced Monday a shift in its electric vehicle (EV) strategy by agreeing to sell its share of ...