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’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 ...
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 ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
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 ...
General Motors told shareholders on Wednesday that it would record more than $5 billion in two non-cash charges in the fourth ...
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 ...
Volkswagen Group and SAIC Motor have signed an extension of their joint venture agreement until the year 2040. By extending ...
General Motors said it expects to incur more than $5 billion in impairment charges and writedowns in the fourth quarter ...
UBS analyst Gavin Parsons initiated coverage of SAIC (SAIC) with a Neutral rating and $134 price target as the firm initiates coverage on on ...