Business sentiment among German companies in China is at an all-time low, a German business lobby group said on Wednesday, as ...
General Motors Co.’s stock slid 2.5% 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 ...
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 ...
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 ...
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced ...
General Motors Co. will incur more than $5 billion in charges and writedowns tied to its troubled operations in China as the ...
General Motors announced Wednesday it will book more than $5 billion in losses and write-downs due to the restructuring of ...