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The biggest thing to note for investors who have followed Ford or GM for even a few years is that China is no longer the ...
General Motors expects to take a hit of more than $5 billion on its struggling China business. The automaker said it would write down the value of its Chinese operations by as much as $2.9 billion.
General Motors had to temporarily stop production at its plant in Silao Mexico, where the auto giant builds the Chevrolet ...
General Motors is shuttering a factory in Shenyang, China, as part of a company restructuring. The closure comes as Chinese automakers gain market share, leading to restructuring charges for GM.
The average car price in China is around $22,900 (165,000 yuan). BYD Co. Ltd., the world's largest EV maker, announced ...
China’s national champion carmaker BYD embodies a state-led industrial model that America may no longer be able to compete ...
If President Donald Trump were able to actually order American business out of China, General Motors would be the hardest hit of the Detroit Three carmakers. Though most of its profits come from ...
General Motors (GM) is halting the export of some U.S. vehicles to China. The Detroit-based automaker had been doing so through the Durant Guild, a "lifestyle platform" that the Detroit-based ...
General Motors GM, once a dominant force in the Chinese automotive market, is contemplating a significant restructuring in an attempt to regain its footing in the world’s largest auto market.
If President Donald Trump were able to actually order American business out of China, General Motors would take a massive hit.. Though most of its profits come from North America, the company ...
General Motors managed to outperform Ford during the slowdown largely due to its move to sell more SUVs and crossovers in China. GM's low-cost Baojun 560 SUV was particularly successful, driving ...
General Motors proclaimed it has 20 new electric cars in the pipeline by 2023 last year, and China will play a pivotal role in the automaker’s success as it embraces electric powertrains, or ...