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 ...
General Motors (NYSE:GM) expects to record two non-cash charges of more than $5B on its joint venture in China, the automaker ...
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 ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
GM's profits and market share have tumbled, so much that, like other multinationals, the company's long-term presence in ...
General Motors announces a $5 billion restructuring charge and asset write-down due to underperformance in its Chinese joint ...
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 ...
General Motors Co. (GM) revealed in a Form 8-K filing with the Securities and Exchange Commission on Wednesday that it expects to ...
GM shares down after recognizing $2.7 billion equity loss in China joint ventures. The company expects to record an other ...
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 ...
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 ...