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.
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
General Motors expects over $5 billion in non-cash charges and writedowns from restructuring its joint venture operations ...
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 ...
Restructuring and maintaining the SAIC-GM joint venture is costing GM billions this year as sales continue to decline against ...
General Motors (GM) said Wednesday that it would record two non-cash charges totaling over $5 billion on its joint venture ...
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
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 is taking a hard look at its struggling Chinese operations, with plans to restructure its joint venture with ...