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 ...
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 ...
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 ...
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 will take more than $5 billion in one-time charges in the fourth quarter related to a struggling Chinese joint ...
It’s time for the automaker to seriously consider exiting its China business, Christopher S. Tang writes in a guest ...
GM is restructuring its joint venture operations with SAIC Motor Corp. in China, which will cost the automaker more than $5 ...
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 ...
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’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...