2 days ago · General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.

General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street. The automaker is also ...

SAIC General Motors Corporation Limited (commonly known as SAIC-GM; Chinese: 上汽通用汽车) is a joint venture between General Motors Company and SAIC Motor. The company was …

Dec 4, 2024 · General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one related to the …

4 days ago · By now, you've no doubt heard the news: General Motors' Chinese partner, Shanghai Automotive Industry Corporation (SAIC) will take a controlling stake in GM by …

Dec 4, 2024 · General Motors said on Wednesday that it would take a more than $5 billion hit to its profit as it restructured its ailing operations in China, which have been losing money as its …

Dec 19, 2024 · General Motors has gone from market leader to also-ran in the world’s largest car market, stymied by its own missteps and Chinese policies that favored its local rivals.

Dec 4, 2024 · General Motors (GM) announced Wednesday that it will take more than $5 billion in charges during the fourth quarter due to the poor performance of its Chinese joint ventures.

Aug 13, 2024 · GM has 10 joint ventures, two wholly owned foreign enterprises and more than 58,000 employees in China according to its website. The report of job cuts and a potential …

2 days ago · General Motors reported a fourth-quarter loss attributed primarily to $5 billion in charges connected to its operations in China and difficulties in its robotaxi business.