Things aren’t looking good for General Motors (GM) in the world’s largest auto market ... GM reported losses of $347 million ...
GM's profits and market share have tumbled, so much that, like other multinationals, the company's long-term presence in ...
The SAIC-GM partnership began in the 1990s. Its deal expires in 2027, and it's unclear whether it will be renewed in the face ...
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 revealed in a regulatory filing on December 4 that it is facing over US5 billion in charges due to poor ...
General Motors (NYSE:GM) expects to record two non-cash charges of more than $5B on its joint venture in China, the automaker ...
General Motors said it expects to incur more than $5 billion in impairment charges and writedowns in the fourth quarter ...
General Motors Company (NYSE: GM) has recently disclosed in an 8-K filing with the Securities and Exchange Commission that its equity interest in SAIC General Motors Corporation Limited (SGM), a joint ...
Company owns an equity interest in SAIC General Motors Corporation Limited, or ‘SGM,’ a 50-50 joint venture with SAIC Motor Corp., and an equity interest in SAIC-GMAC Automotive Finance Company ...
General Motors Company (NYSE:GM) shares are trading lower on Wednesday after the company concluded that a material impairment ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
The automaker Wednesday said its audit committee concluded a material impairment of its interest in SAIC General Motors was required after finding a material loss in value of its investments in jo ...