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 ...
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 ...
In a regulatory filing, GM stated: “General Motors (GM) Company owns an equity ... of SGM’s restructuring plan, which include impairment charges to be recognized by the China JVs related ...
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 ...
The poor performance of General Motors' Chinese joint ventures is forcing ... In addition, GM will take $2.7 billion worth of restructuring charges, most of it during the fourth quarter.
DETROIT (AP) — The poor performance of General Motors’ Chinese joint ventures ... In addition, GM will take $2.7 billion worth of restructuring charges, most of it during the fourth quarter.
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