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 Co. (GM) revealed in a Form 8-K filing with the Securities and Exchange Commission on Wednesday that it expects to ...
General Motors expects over $5 billion in non-cash charges and writedowns from restructuring its joint venture operations ...
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 ...
RESTON, Va., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) announced today that the company’s board of directors declared a cash dividend of $0.37 per share ...
Restructuring and maintaining the SAIC-GM joint venture is costing GM billions this year as sales continue to decline against ...
Automakers such as General Motors are beginning to fall behind as Chinese automakers stretch ahead in sales, appealing to consumers wanting EV and hybrid vehicles.
Science Applications International Corporation (NASDAQ:SAIC) on Tuesday was upgraded to Overweight from a previous investment ...
Volkswagen Group and SAIC Motor have signed an extension of their joint venture agreement until the year 2040. By extending ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...