General Motors records a $5 billon charge in the final quarter of 2024 on poorly performing joint ventures in China
General Motors records a $5 billon charge in the final quarter of 2024 on poorly performing joint ventures in China ...
China losses force General Motors to take over $5B in charges to restructure and cut asset values
DETROIT (AP) — The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and ...
General Motors China JV Woes Trigger Billions In Charges: Details
General Motors Company (NYSE:GM) shares are trading lower on Wednesday after the company concluded that a material impairment ...
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 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 ...