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General Motors said it has "decided to restructure the Durant Guild and correspondingly optimize GM China’s operations" ...
General Motors late last week informed employees and dealers for its China export business it would stop shipping vehicles to ...
China has been an important market for General Motors (GM), second only to its U.S. operations. The company operates in the country through two major joint ventures — SAIC-GM (which sells ...
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion in non-cash charges and writedowns, the Detroit automaker ...
The poor performance of General Motors' Chinese joint ventures is forcing ... full year net profit of $10.4 billion to $11.1 billion. China has become an increasingly difficult market for foreign ...
General Motors GM0.56%increase; green up pointing triangle said it expects to take more than $5 billion in noncash charges in the fourth quarter because of weakness in its China business that will ...
General Motors (GM) is halting the export of some U.S. vehicles to China. The Detroit-based automaker had been doing so through the Durant Guild, a "lifestyle platform" that the Detroit-based ...
General Motors expects to take a hit of more than $5 billion on its struggling China business. The automaker said it would write down the value of its Chinese operations by as much as $2.9 billion.