General Motors Company (NYSE:GM) shares are trading lower on Wednesday after the company concluded that a material impairment ...
New subsidies, dizzying variety for consumers and sluggish demand for EVs in other parts of the world is helping China ...
Restructuring and maintaining the SAIC-GM joint venture is costing GM billions this year as sales continue to decline against ...
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
General Motors (GM) said Wednesday that it would record two non-cash charges totaling over $5 billion on its joint venture ...
Company's equity interest in joint venture in China expected to see decrease of around $2.6 - 2.9B - Anadolu Ajansı ...
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U.S. equities rose at midday, with the S&P 500 and Nasdaq trading at record highs, as tech stocks powered the advance.
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
GM for years has owned 50% of its joint venture with SAIC General Motors Corp. and has other joint ventures, including a finance arm.
JSW Group, which sells MG cars in India through a joint venture with China’s SAIC Motor, could establish an independent auto ...
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...