General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
General Motors said it expects to take more than $5 billion in noncash charges in the fourth quarter because of weakness in ...
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 (GM) anticipates over $5B in non-cash charges related to its joint venture in China due to restructuring and ...
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
Volkswagen Group and SAIC Motor have signed an extension of their joint venture agreement until the year 2040. By extending ...
Germany's Volkswagen Group and its Chinese partner have sold a factory in the Xinjiang region of China, where accusations of ...
GM’s CEO Mary Barra told Fortune in October that China’s EV price war “has become a race to the bottom with pricing and the ...
General Motors Co.’s stock slid 2.9% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion ...
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 ...
GM's China headquarters in Shanghai. Sales at SAIC-GM slumped 59% in the first 11 months this year to 370,989 units.