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China, saic motor

General Motors Takes $5 Billion Hit From Ailing China Business

The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.

Business Insider on MSN · 14h

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 restructuring charges.

NHK · 26m

General Motors to book $5 bil. charge on China operations

US automaker General Motors says it will take a 5 billion-dollar charge to restructure and write down the value of its China operations.

devdiscourse14h

General Motors Faces $5 Billion Charge Amidst Chinese Market Challenges

General Motors is set to take a significant financial hit due to the poor performance of its Chinese joint ventures. The auto ...

Autoblog13y

GM-SAIC patent filing reveals 7-speed dual-clutch trans for FWD vehicles

A patent filing has revealed that General Motors, in partnership with Shanghai Automotive Industry Corporation (SAIC), is indeed developing a seven-speed dual-clutch transmission for front-wheel ...

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China, saic motor

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