General Motors (GM) is set to incur a writedown and restructuring charges exceeding $5bn in relation to its underperforming Chinese joint ventures (JVs). GM revealed in a recent regulatory filing ...

The automotive giant's net income was impacted by over $5bn in special charges, primarily stemming from non-cash restructuring charges and impairment ... General Motors said it would incur a ...

General Motors Co.’s stock slid 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 in ...

General Motors Co. will incur two noncash charges of more than $5 billion for recognizing the change in value of its joint-venture business in China and restructuring costs there, according to a ...

General Motors ... a temporary impairment of its equity interest in the China JVs in the range of $2.6B–2.9B in the three months ending December 31, 2024 The majority of these charges will ...

General Motors ... impairment of equity interest in the China JV’s in the range of $2.6 billion – $2.9 billion in three months ending December 31, 2024. The company said that these charges ...

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street. The automaker is also taking a proactive ...

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street. The automaker is also taking a proactive ...

General Motors said it expects to incur more than $5 billion in impairment charges and write-downs this quarter because of weakness in its China business. Shares in the automaker, which are up ...

green up pointing triangle will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program. The tech giant expects to incur ...