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 China has called its China business a "good asset" in an effort to dispel market expectations that the Detroit-based ...
General Motors will take more than $5 billion in one-time charges in the fourth quarter related to a struggling Chinese joint ...
SAIC-GM-Wuling sold its 1.4-millionth Wuling MINI EV unit in China in November 2024, maintaining its leadership in the new ...
GM’s CEO Mary Barra told Fortune in October that China’s EV price war “has become a race to the bottom with pricing and the ...
On the morning of December 10, Lei Jun, Founder, Chairman and CEO of Xiaomi, revealed that Xiaomi is currently conducting large-scale road tests for its YU7 model. On the evening of December 9, the ...
It’s time for the automaker to seriously consider exiting its China business, Christopher S. Tang writes in a guest ...
China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 ...
The automotive giant revealed that it will reduce the value of its equity stakes in the ventures by $2.6bn to $2.9bn.
GM is restructuring its joint venture operations with SAIC Motor Corp. in China, which will cost the automaker more than $5 ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...