The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
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 ...
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 ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
GM and other U.S. automakers are struggling in China amid increasing domestic competition and changing consumer behavior ...
General Motors Company (NYSE:GM) shares are trading lower on Wednesday after the company concluded that a material impairment ...
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...
GM CFO Paul Jacobson told Wall Street the company has war gamed different scenarios, but doesn't want to overreact.