General Motors GM-1.07%decrease; red down pointing triangle said it expects to incur more than $5 billion in impairment ...
General Motors CEO Mary Barra has said that China’s crowded market is a “race to the bottom”. For GM, it’s a contest that’s ...
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 said on Thursday its Chinese joint ventures have seen strong sales growth for a fifth straight month in ...
General Motors is giving back this holiday season by helping kids right here in Mid-Michigan. General Motors giving back to ...
General Motors records a $5 billon charge in the final quarter of 2024 on poorly performing joint ventures in China ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
General Motors (NYSE:GM) expects to record two non-cash charges of more than $5B on its joint venture in China, the automaker ...
GM has lost money in China for three consecutive quarters, with its sales in the country falling 18 percent in the first nine ...
Thank you very much. Joe Spak, auto analyst here at UBS. Very pleased to have with us General Motors, Paul Jacobson, Executive Vice President and CFO of GM. Paul, I know a bunch of news out the past ...