The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...

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 ...

US automaker General Motors says it will take a 5 billion-dollar charge to restructure and write down the value of its China ...

The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a ...

GM said it would write down the value of its joint venture with China's SAIC Motors by as much as $2.9 billion and incur ...

GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...

GM and other U.S. automakers are struggling in China amid increasing domestic competition and changing consumer behavior ...

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.

Company's equity interest in joint venture in China expected to see decrease of around $2.6 - 2.9B - Anadolu Ajansı ...

General Motors (GM) anticipates over $5B in non-cash charges related to its joint venture in China due to restructuring and ...

General Motors records a $5 billon charge in the final quarter of 2024 on poorly performing joint ventures in China ...