Auto giant General Motors warned in government filings on Wednesday that it will take a $5 billion hit in the fourth quarter ...
General Motors Company (NYSE:GM) shares are trading lower on Wednesday after the company concluded that a material impairment ...
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...
The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
Restructuring and maintaining the SAIC-GM joint venture is costing GM billions this year as sales continue to decline against ...
Some interpret this as another sign GM is pulling back on EVs, but that's not the case. In this video, Travis Hoium shows why this is a simple business model shift from GM and makes a lot of sense for ...
General Motors (GM) announced Monday a shift in its electric vehicle (EV) strategy by agreeing to sell its share of ...