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’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 ...
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 loses $5 billion in China, what’s next?
GM faces a $5 billion hit as it scrambles to adapt to China's electric vehicle revolution and fierce competition from local ...
GM warns Wall Street of a $5 billion hit it expects to take from losses in China
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
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 ...
Losses in China lead to $5B charge for General Motors as it cuts assets value
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
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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 ...
GM Takes $5B Hit to Restructure Struggling China Ventures
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...
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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 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 ...