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GM China to take $5B hit

Bloomberg on MSN · 6h

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.

Newsweek on MSN · 5h

GM Takes $5B Hit to Restructure Struggling China Ventures

GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the same period in 2023.

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 and saw sales slipping 19% through the same period compared to a year ago. China autos expert Michael Dunne of Dunne Insights believes the situation in China won’t improve and that GM might need to exit.

GM Adds Over 132,000 Heavy Duty Pickups to Recall

Newsweek on MSN · 23h

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.

U.S. News & World Report · 1d

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.

9hon 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 ...

3hon 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 ...

9hon MSN

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 ...

1hon 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 ...

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 ...

1d

Why GM could suffer under Trump policies to ‘save’ Detroit automakers

It might seem like U.S. President-elect Donald Trump’s plan to gut automotive emissions restrictions and fuel-efficiency ...

10h

Do people think Bedrock & GM should get taxpayer funding for the Ren Cen?

There’s been a lot of talk about the Renaissance Center and the possibility of public tax dollars being used to fund the new ...

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