China was once a profit centre for GM, but tougher competition from domestic brands is forcing it to declare a financial hit ...
GM’s sales and market share has been gradually declining as competition in China increases from local automakers. The loss announced on Wednesday includes $US5 billion in restructuring costs and a ...
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 ...
Wells Fargo raised the firm’s price target on SAIC (SAIC) to $154 from $147 and keeps an Overweight rating on the shares after its Q3 earnings ...
General Motors faces a $5 billion hit in China due to writedowns and restructuring. Learn how GM plans to navigate market ...
General Motors (GM) said Wednesday that it would record two non-cash charges totaling over $5 billion on its joint venture ...
Mehrotra joined Tata Motors in October 2021. During his tenure, he played a key role in expanding Tata Motors' commercial ...
The automotive giant revealed that it will reduce the value of its equity stakes in the ventures by $2.6bn to $2.9bn.
In China, where not long ago Buick and Chevrolet were two of the most popular foreign brands, General Motors’ profits and market share have tumbled.
Welcome back to Critical Materials, your daily roundup for all things electric and automotive tech. Today, we're chatting about the auto industry's plea to keep the EV tax credits, Waymo's way-up ...
As the European Union slaps more restrictive tariffs on EVs pouring in from China, Chinese automakers have found a workaround: they’ll just export hybrids instead, since hybrids of all varieties are ...
SAIC reports 4.3% revenue growth YoY, beating analyst estimates, with adjusted EPS also exceeding expectations. Board ...