Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assets
The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a ...
Business Insider13d
General Motors
General Motors CEO Mary Barra says the EV race in China is largely driven by a pricing competition, with asking prices getting "lower and lower." I drove a 2024 Buick Envista SUV and was ...
Reuters8d
General Motors Co
especially General Motors , and raise prices of SUVs and pickup trucks for U.S. consumers. Officials from Mexico, Canada and China and major industry groups warned that U.S. President-elect ...
GM is struggling so much in China, it had to announce massive charges to fix its business
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 ...