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 ...
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric ...
General Motors records a $5 billon charge in the final quarter of 2024 on poorly performing joint ventures in China ...
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 ...
General Motors Co. will incur more than $5 billion in charges and writedowns tied to its troubled operations in China as the ...
General Motors Co.’s stock GM slid 2.9% early Wednesday, after the company said it expects to incur more than $5 billion in impairment charges and writedowns related to its China business. In a ...
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
General Motors said it expects to incur more than $5 billion in impairment charges and writedowns in the fourth quarter ...
Legendary mall developer A. Alfred Taubman told Henry Ford II that Detroit's Renaissance Center was a mistake. He was right.
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...