The automotive giant revealed that it will reduce the value of its equity stakes in the ventures by $2.6bn to $2.9bn.
Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing ...
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.
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 ...
BYD is taking on Volkswagen and Toyota in Europe with its first plug-in ... managing director at market & industry research ...
President-elect Donald Trump in late November pledged tariffs on the United States' three largest trading partners - Canada, ...
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.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...