Facing intense pressure from other EV makers, GM should seriously consider exiting its China business, Christopher S. Tang ...
SAIC-GM-Wuling sold its 1.4-millionth Wuling MINI EV unit in China in November 2024, maintaining its leadership in the new ...
General Motors told shareholders on Wednesday that it would record more than $5 billion in two non-cash charges in the fourth ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
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 ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $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 ...
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
General Motors will take more than $5 billion in one-time charges in the fourth quarter related to a struggling Chinese joint ...