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 announced that it sold more than 200,000 units in China during the month of November 2024, across its SAIC-GM and ...
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 ...
General Motors will take more than $5 billion in one-time charges in the fourth quarter related to a struggling Chinese joint ...
GM's operations in China, primarily via its two joint ventures SAIC-GM and SAIC-GM-Wuling, used to be very profitable.
It’s time for the automaker to seriously consider exiting its China business, Christopher S. Tang writes in a guest ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
GM and other U.S. automakers are struggling in China amid increasing domestic competition and changing consumer behavior ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $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 ...
The automotive giant revealed that it will reduce the value of its equity stakes in the ventures by $2.6bn to $2.9bn.
GM has a 50-50 joint venture in China with SAIC Motor Corp. — Shanghai General Motors — which makes and sells Chevrolet, ...