Wall Street Journal1mon
General Motors to Take $5 Billion Charge on China Business
General Motors GM-2.51%decrease; red down pointing triangle said it expects to incur more than $5 billion in impairment charges and writedowns in the fourth quarter related to its joint venture ...
Hosted on MSN1mon
GM sounds a warning on troubled China market, becoming latest carmaker to do so
General Motors Co.’s stock slid 2.9% 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 ...
Wall Street Journal1mon
General Motors Takes $5 Billion Hit From Ailing China Business
General Motors GM-1.02%decrease; red down pointing triangle said it expects to incur more than $5 billion in impairment charges and write-downs in the fourth quarter because of weakness in its ...
Seeking Alpha1mon
General Motors to record more than $5B in charges on China operations
General Motors (NYSE:GM) expects to record two non-cash charges of more than $5B on its joint venture in China, the automaker said in a regulatory filing on Wednesday. The Detroit automaker ...
The Independent1mon
China losses force General Motors to take over $5B in charges to restructure and cut asset values
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. From reproductive rights to climate change to Big Tech, The ...
WPRI 121mon
Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assets
DETROIT (AP) — The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the ...