GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
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 expects over $5 billion in non-cash charges and writedowns from restructuring its joint venture operations ...
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 ...
General Motors told shareholders on Wednesday that it would record more than $5 billion in two non-cash charges in the fourth ...
General Motors (GM) said Wednesday that it would record two non-cash charges totaling over $5 billion on its joint venture ...
Restructuring and maintaining the SAIC-GM joint venture is costing GM billions this year as sales continue to decline against ...
GM and other U.S. automakers are struggling in China amid increasing domestic competition and changing consumer behavior ...
Volkswagen Group and SAIC Motor have signed an extension of their joint venture agreement until the year 2040. By extending ...