News

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.
General Motors (GM) is set to incur a writedown and restructuring charges exceeding $5bn in relation to its underperforming Chinese joint ventures (JVs).
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 ...
Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program.
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.
General Motors is poised to announce its Q1 results later this month, and analysts predict a marginal growth in earnings.
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 fourth quarter of ...
General Motors Company (NYSE:GM) shares are trading lower on Wednesday after the company concluded that a material impairment of its equity interest in SAIC General Motors Corporation Limited (SGM ...
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 ...
General Motors (GM) is set to incur a write-down and restructuring charges exceeding $5bn in relation to its underperforming Chinese joint ventures (JVs).