General Motors will take more than $5 billion in one-time charges in the fourth quarter related to a struggling Chinese joint ...
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 ...
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
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In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
Auto giant General Motors warned in government filings on Wednesday that it will take a $5 billion hit in the fourth quarter ...
GM has a 50-50 joint venture in China with SAIC Motor Corp. — Shanghai General Motors — which makes and sells Chevrolet, ...
General Motors announced Wednesday it will book more than $5 billion in losses and write-downs due to the restructuring of ...
Restructuring and maintaining the SAIC-GM joint venture is costing GM billions this year as sales continue to decline against ...
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 ...