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 ...
The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a ...
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
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 ...
Restructuring and maintaining the SAIC-GM joint venture is costing GM billions this year as sales continue to decline against ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
Equities researchers at UBS Group assumed coverage on shares of Science Applications International (NYSE:SAIC – Get Free ...
NVIDIA is reportedly working on Thor: its next-gen chip for EVs of the future, with Chinese EV makers like BYD, SAIC Motors, ...
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 ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
General Motors Co. (GM) revealed in a Form 8-K filing with the Securities and Exchange Commission on Wednesday that it expects to ...