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Losses in China lead to $5B charge for General Motors
Losses in China lead to $5-billion charge for General Motors
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge.
General Motors is taking a $5 billion-plus hit on its operations in China
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 restructuring charges.
General Motors to Take $5 Billion Charge on China Business
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.
Recall, General Motors
General Motors Recalls 132K Trucks Due to Tailgate Defect
GM recalls more than 132,000 trucks, including the 2024 Chevrolet Silverado HD 2500, 3500 and GMC Sierra HD 2500, 3500, to fix the tailgate issue.
General Motors recalling over 132,000 trucks over tailgate unlatching issue
The National Highway Traffic Safety Administration says that General Motors (GM) is recalling about 132,037 trucks due to concerns about
GM recalls over 132,000 Chevrolet, GMC trucks over tailgate issue: See affected models
General Motors is recalling over 132,000 Chevrolet Silverado and GMC Sierra trucks equipped with power-unlatching tailgates.
GM to sell its stake in Michigan battery plant
General Motors Strikes Deal To Offload Battery Plant Stake To LG
General Motors (GM) announced Monday a shift in its electric vehicle (EV) strategy by agreeing to sell its share of
General Motors to Sell Its Stake in Lansing, Michigan, Battery Factory to LG Energy Solution
General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Michigan
GM to sell its stake in Michigan battery plant to LG Energy Solution
General Motors said on Monday it will sell its stake in its joint venture battery plant in Lansing, Michigan to partner LG Energy Solution as the Detroit automaker trims its electric vehicle plans. GM expects to recoup its investment in the facility,
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General Motors Co (GM) Stock Posted a Gross Margin of 11.96% Over the Past Year: Is This Justifiable?
On Tuesday, General Motors Co (GM) stock saw a decline, ending the day at $53.66 which represents a decrease of $-1.38 or -2.51% from the prior close of $55.04. The stock opened at $55.1 and touched a ...
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BREAKING: Test Track at EPCOT Will Revert to General Motors Sponsorship
With the Test Track reimagining, the ride will now officially be presented by General Motors instead of Chevrolet. When Test ...
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Ford or General Motors: Which Auto Stock Deserves Your Cash Now?
After a detailed analysis, General Motors emerges as the stronger contender, better positioned to deliver superior returns ...
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With F1 entry, General Motors has a shot to become America’s team on the grid
General Motors' entry into F1 is the latest, biggest sign of F1's surge in the U.S. — and an opportunity to seize the ...
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on MSN
General Motors llama al taller 132.000 pickups por falla en puertas traseras
DETROIT — General Motors agregó más de 132.000 pickups de uso rudo a un retiro en Estados Unidos por fallas en los ...
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on MSN
Formula 1 Has a New Friend in General Motors
Formula 1 is adding an 11th team in 2026 and it will be owned by U.S. automaker General Motors (NYSE: GM). The deal comes ...
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