GM sounds a warning on troubled China market, becoming latest carmaker to do so
General Motors Co.’s stock slid 2.9% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion ...
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 ...
GM China to take $5B hit; ‘there will be no comeback story,’ expert says
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
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 ...
GM warns Wall Street of a $5 billion hit it expects to take from losses in China
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
GM Takes $5B Hit to Restructure Struggling China Ventures
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...
GM Taking More Than $5B Hit on Joint Venture in China
General Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs ...
GM to take $5 billion hit over struggling China joint venture
General Motors (GM) is expected to take a $5 billion hit in non-cash charges over its joint-venture operation in China with ...
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GM sees $5 billion impact from restructuring in China
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 ...
GM to take $5 billion in charges for changes to China business
GM and other U.S. automakers are struggling in China amid increasing domestic competition and changing consumer behavior ...
GM's $5B China hit, Foot Locker earnings, Okta: 3 Stocks In Focus
Automaker General Motors (GM) expects to take over $5 billion in non-cash charges on its joint-venture operations in China ...
GM is taking a $5 billion hit on its struggling China business
General Motors (GM) is set to take a hit of more than $5 billion to fix up its joint venture business in China, the automaker ...