The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...

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

General Motors said it expects to take more than $5 billion in noncash charges in the fourth quarter because of weakness in ...

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

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

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

General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric ...

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 ...

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

General Motors Company (NYSE:GM) shares are trading lower on Wednesday after the company concluded that a material impairment ...

GM CFO Paul Jacobson told Wall Street the company has war gamed different scenarios, but doesn't want to overreact.