Automakers such as General Motors are beginning to fall behind as Chinese automakers stretch ahead in sales, appealing to consumers wanting EV and hybrid vehicles.
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
General Motors expects over $5 billion in non-cash charges and writedowns from restructuring its joint venture operations ...
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
General Motors Company (NYSE:GM) shares are trading lower on Wednesday after the company concluded that a material impairment ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
Restructuring and maintaining the SAIC-GM joint venture is costing GM billions this year as sales continue to decline against ...
General Motors (GM) said Wednesday that it would record two non-cash charges totaling over $5 billion on its joint venture ...
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
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