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 ...
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 ...
In a country that not long ago counted Buick and Chevrolet as two of the most popular foreign brands, GM’s profits and market ...
General Motors records a $5 billon charge in the final quarter of 2024 on poorly performing joint ventures in China ...
General Motors is taking a hard look at its struggling Chinese operations, with plans to restructure its joint venture with ...
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 ...
After a detailed analysis, General Motors emerges as the stronger contender, better positioned to deliver superior returns ...
General Motors Company (NYSE:GM) shares are trading lower on Wednesday after the company concluded that a material impairment ...
On Tuesday, General Motors Co (GM) stock saw a decline, ending the day at $53.66 which represents a decrease of $-1.38 or -2.51% from the prior close of $55.04. The stock opened at $55.1 and touched a ...