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GM, China
GM to take more than $5 billion in charges on China operations
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 restructuring of the operation and another reflecting its reduced value.
GM to take $5 billion in charges for changes to China business
GM and other U.S. automakers are struggling in China amid increasing domestic competition and changing consumer behavior there.
GM Sees $5 Billion Hit to Restructure Troubled China Business
General Motors Co. will incur more than $5 billion in charges and writedowns tied to its troubled operations in China as the automaker tries to salvage its once-profitable business in the world’s largest car market.
GM Adds Over 132,000 Heavy Duty Pickups to Recall
GM Recall Expands to Include 132,000 More Heavy-Duty Pickups
The recall adds certain 2024 Chevrolet Silverado and GMC Sierra 2500 and 3500 trucks to last February's recall of 323,000 pickups.
GM Adds Over 132,000 Heavy Duty Pickups to Recall for Tailgates That Can Open Unexpectedly
General Motors is adding over 132,000 heavy-duty pickups in the U.S. to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park
GM adds 132,000 trucks to tailgate release switch recall
Truck owners can get a repair at their nearest GM dealer.
5m
on MSN
GM and EVgo now have over 2,000 EV charging stalls and counting
General Motors and EV charging company EVgo announced that they’ve installed their 2,000th public EV charging stall, in ...
30m
GM China to take $5B hit; ‘there will be no comeback story,’ expert says
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
7h
on MSN
GM warns Wall Street of a $5 billion hit it expects to take from losses in China
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
GM Authority
21m
GM Energy And EVgo Install 2,000th DC Fast Charging Stall In The U.S.
GM Energy and EVgo are working together to reduce range anxiety by quickly growing their network of fast charging stations ...
6h
on MSN
GM sounds a warning on troubled China market, becoming latest carmaker to do so
General Motors Co.’s stock slid 2.9% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion ...
3h
on MSN
GM Taking More Than $5B Hit on Joint Venture in China
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
Electrek
4h
GM sees $5 billion impact from restructuring in China
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 ...
2h
on MSN
GM warns of $5B hit in upcoming quarterly report
Auto giant General Motors warned in government filings on Wednesday that it will take a $5 billion hit in the fourth quarter ...
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