General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue ...

General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...

The President has not indicated that tariffs levied against China could be paused like those against Canada and Mexico ...

General Motors (GM) has reported a loss of $2.96bn in the fourth quarter of 2024, a downturn from a profit of $2.1bn in the ...

GM is aiming to restore its profitability in the Chinese market in 2025 after facing three consecutive quarters of losses and ...

General Motors Co.'s full year net income was down 41% from 2023 after losing $3 billion in the fourth quarter.

General Motors reported Q4 earnings beat, despite incurring charges from restructuring and halting Cruise funding.

Expects to forecast $1B in annual run rate savings from ending Cruise robo-taxi program. Says Cruise employees to be fully integrated into the ...

The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.

It's a trend that's largely taken place since 2019, as you can see in the graphic below: But General Motors isn't going to give up on China without a fight. Late in 2024, management announced the ...

Image source: Author. But General Motors isn't going to give up on China without a fight. Late in 2024, management announced the company would record two noncash charges totaling more than $5 ...