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GM, China
GM Sees $5 Billion Hit to Restructure Troubled China Business
General Motors Co. will incur more than $5 billion in charges and writedowns tied to its troubled operations in China as the automaker tries to salvage its once-profitable business in the world’s largest car market.
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 same period in 2023.
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 in impairment charges and write-downs in the face of competitive price wars in that market.
GM Adds Over 132,000 Heavy Duty Pickups to Recall
GM Recall Expands to Include 132,000 More Heavy-Duty Pickups
The recall adds certain 2024 Chevrolet Silverado and GMC Sierra 2500 and 3500 trucks to last February's recall of 323,000 pickups.
GM Adds Over 132,000 Heavy Duty Pickups to Recall for Tailgates That Can Open Unexpectedly
General Motors is adding over 132,000 heavy-duty pickups in the U.S. to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park
GM adds 132,000 trucks to tailgate release switch recall
Truck owners can get a repair at their nearest GM dealer.
10h
on MSN
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 ...
4h
on MSN
GM warns of $5B hit in upcoming quarterly report
Auto giant General Motors warned in government filings on Wednesday that it will take a $5 billion hit in the fourth quarter ...
9h
on MSN
GM to take more than $5 billion in charges on China operations
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
2h
on MSN
GM and EVgo now have over 2,000 EV charging stalls and counting
General Motors and EV charging company EVgo announced that they’ve installed their 2,000th public EV charging stall, in ...
GM Authority
2h
GM Energy And EVgo Install 2,000th DC Fast Charging Stall In The U.S.
GM Energy and EVgo are working together to reduce range anxiety by quickly growing their network of fast charging stations ...
11h
Do people think Bedrock & GM should get taxpayer funding for the Ren Cen?
There’s been a lot of talk about the Renaissance Center and the possibility of public tax dollars being used to fund the new ...
9h
on MSN
GM signals more trouble for China’s auto market with $5 billion-plus in impairment charges and write-downs
General Motors Co.’s stock slid 2.9% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion ...
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