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China, General Motors

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.

The Financial Times · 18m

General Motors writes off more than $5bn from value of China businesses

General Motors is to write off more than $5bn from the value of its businesses in China, as slowing demand in the country hits carmakers.

Bloomberg on MSN · 30m

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.

Reuters on MSN · 36m

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.

recall, General Motors

ABC Columbia · 9h

General Motors recalls over 132,000 Chevrolet, GMC trucks over tailgate issue

(CNN)– If you drive a general motors truck then you need to listen up. The auto manufacturer is recalling over 132 thousand trucks due to an issue with the tailgate. According to the recall notice water can get in the tailgate causing its electronic-gate-release switch to short circuit.

YAHOO!Finance · 2h

General Motors recalls over 132,000 trucks due to tailgate unlatching concerns

The recall impacts select 2024 Chevrolet Silverado HD 2500, 3500, and GMC Sierra HD 2500, 3500 models with power-unlatching tailgates.

WPBF · 16h

GM recalls over 132,000 heavy duty pickups for tailgates that can open unexpectedly

General Motors is adding over 132,000 heavy-duty pickups to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park.

GM to sell its stake in Lansing battery cell plant

IJR · 11h

General Motors Strikes Deal To Offload Battery Plant Stake To LG

General Motors (GM) announced Monday a shift in its electric vehicle (EV) strategy by agreeing to sell its share of

The Associated Press - Busines… · 1d

General Motors to sell its stake in Lansing, Michigan, battery factory to LG Energy Solution

General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Michigan. The company said Monday that it has a nonbinding agreement for the sale to joint venture partner LG Energy Solution of South Korea.

USA Today · 1d

GM to sell its stake in Lansing battery cell plant to partner LG Energy Solution

General Motors will not own a stake in the Ultium Cells battery plant in Lansing after all. On Monday, GM said it will sell back its investment in the plant, which has not yet opened, to its Ultium Cells joint venture partner LG Energy Solution.

24m

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 ...

38mon MSN

China losses force General Motors to take over $5B in charges to restructure and cut asset values

The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...

With F1 entry, General Motors has a shot to become America’s team on the grid

General Motors' entry into F1 is the latest, biggest sign of F1's surge in the U.S. — and an opportunity to seize the ...

Michigan Capitol Confidential4d

General Motors, Bedrock want Michigan taxpayers to foot $250M for RenCen redevelopment

Two weeks after firing 1,000 employees, General Motors wants Michigan taxpayers to pay $250 million to tear down and renovate ...

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.

11d

General Motors nearing approval for F1 grid spot in 2026

General Motors is edging toward securing a place on the Formula One grid as early as 2026 when the field could expand to 11 ...

WDW News Today on MSN20h

BREAKING: Test Track at EPCOT Will Revert to General Motors Sponsorship

With the Test Track reimagining, the ride will now officially be presented by General Motors instead of Chevrolet. When Test ...

Ford or General Motors: Which Auto Stock Deserves Your Cash Now?

After a detailed analysis, General Motors emerges as the stronger contender, better positioned to deliver superior returns ...

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China, General Motors

recall, General Motors

GM to sell its stake in Lansing battery cell plant

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