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 ...
GM's profits and market share have tumbled, so much that, like other multinationals, the company's long-term presence in ...
General Motors (NYSE:GM) expects to record two non-cash charges of more than $5B on its joint venture in China, the automaker ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
General Motors announces a $5 billion restructuring charge and asset write-down due to underperformance in its Chinese joint ...
General Motors announced Wednesday it will book more than $5 billion in losses and write-downs due to the restructuring of ...
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 ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
General Motors said on Thursday its Chinese joint ventures have seen strong sales growth for a fifth straight month in ...
General Motors CEO Mary Barra has said that China’s crowded market is a “race to the bottom”. For GM, it’s a contest that’s ...
General Motors Co. (GM) revealed in a Form 8-K filing with the Securities and Exchange Commission on Wednesday that it expects to ...