Note: Carmakers with less than 0.1% of market share in both 2019 and 2024 were excluded from the chart. Partial 2024 ... International Organization of Motor Vehicle Manufacturers To calculate ...

General Motors expects over $5 billion in non-cash charges and writedowns from restructuring its joint venture operations ...

Executives from SAIC Motor and Volkswagen shake hands after the two companies signed a deal on Nov 26, 2024, to extend their joint venture to 2040. [Photo provided to chinadaily.com.cn] Volkswagen ...

Volkswagen AG has extended its joint venture with SAIC by 10 years to 2040, a sign of the global carmakers' confidence in the ...

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DETROIT, Michigan (Reuters) -- General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one related to ...

General Motors is set to take a hit of more than $5 billion on its operations in China amid an onslaught of competition from local rivals. The Detroit automaker said on Wednesday that it would ...

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The Detroit automaker said on Wednesday that it would write down the value of its joint venture with SAIC Motor by as much as $2.9 billion and incur a further $2.7 billion in charges as it looks ...