GM Chief Mary Barra Proclaims Optimism Despite EV, China Challenges
General Motors CEO Mary Barra says she's still bullish on her company's prospects amid challenges with EVs and issues with ...
GM warns Wall Street of a $5 billion hit it expects to take from losses in China
General Motors will record a total of nearly $5 billion in non-cash charges against its fourth-quarter net income because of its struggling operations in China, the company said Wednesday in a ...
GM’s Moment of Truth in China Has Arrived
Facing intense pressure from other EV makers, GM should seriously consider exiting its China business, Christopher S. Tang ...
GM to take more than $5 billion in charges on China operations
DETROIT, Dec 4 (Reuters) - General Motors (GM.N) told shareholders on Wednesday that it would record two non-cash charges ...
GM China to take $5B hit; 'there will be no comeback story,' expert says
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
What’s good for China has been very bad for General Motors | Analysis
GM's profits and market share have tumbled, so much that, like other multinationals, the company's long-term presence in ...
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 ...
Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assets
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
GM Authority1d
GM’s All-New Wuling MINI EV Four-Door Introduced In China
GM’s all-new Wuling MINI EV four-door has just been introduced in China, the first variant of the model’s 2nd generation soon ...
GM Authority3d
GM Announces Strong Monthly Sales Growth In China
GM announced that it sold more than 200,000 units in China during the month of November 2024, across its SAIC-GM and ...
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 ...