GM is struggling so much in China, it had to announce massive charges to fix its business
China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one related to the restructuring of the operation and another reflecting its reduced value.
Legendary mall developer A. Alfred Taubman told Henry Ford II that Detroit's Renaissance Center was a mistake. He was right.
It might seem like U.S. President-elect Donald Trump’s plan to gut automotive emissions restrictions and fuel-efficiency ...
Auto giant General Motors warned in government filings on Wednesday that it will take a $5 billion hit in the fourth quarter ...
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The automaker confirms its backup plan after bipartisan pushback against allocating public money for a RenCen revamp.
GM is threatening to level all five towers of Detroit's Renaissance Center if it doesn't get a planned $250 million public ...
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State Rep blasts GM for selling battery plant it used state money to buildGM went to Gov. Gretchen Whitmer and lawmakers. According to Hall, it delivered an ultimatum - either helps us with these new ...
GM made the announcement amid a push by executives to be more capital-efficient and make its electric vehicles profitable.
The recall adds certain 2024 Chevrolet Silverado and GMC Sierra 2500 and 3500 trucks to last February's recall of 323,000 ...
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 ...
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