general motors china news

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 · 13h

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.

Seeking Alpha · 14h

General Motors to record more than $5B in charges on China operations

General Motors (GM) anticipates over $5B in non-cash charges related to its joint venture in China due to restructuring and market challenges.

14h

General Motors records a $5 billon charge in the final quarter of 2024 on poorly performing joint ventures in China

General Motors records a $5 billon charge in the final quarter of 2024 on poorly performing joint ventures in China ...

11h

General Motors' China JV Woes Trigger Billions Of Charge: Details

GM shares down after recognizing $2.7 billion equity loss in China joint ventures. The company expects to record an other ...

15h

Alert: General Motors records a $5 billon charge in the final quarter of 2024 on poorly performing joint ventures in China

DETROIT (AP) — General Motors records a $5 billon charge in the final quarter of 2024 on poorly performing joint ventures in China.

Business Insider13d

General Motors

General Motors CEO Mary Barra says the EV race in China is largely driven by a pricing competition, with asking prices getting "lower and lower." I drove a 2024 Buick Envista SUV and was ...

Reuters8d

General Motors Co

especially General Motors , and raise prices of SUVs and pickup trucks for U.S. consumers. Officials from Mexico, Canada and China and major industry groups warned that U.S. President-elect ...

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