The President has not indicated that tariffs levied against China could be paused like those against Canada and Mexico ...
GM is aiming to restore its profitability in the Chinese market in 2025 after facing three consecutive quarters of losses and ...
GM China sales grew 40.6 percent to nearly 600,000 units during Q4 2024 quarter-on-quarter, but the announcement still ...
The additional tariff will apply to automakers including GM and Ford Motor Co., which are already struggling in China as local drivers switch to electric cars made by domestic manufacturers led by ...
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
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GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China strugglesLast month, GM warned Wall Street that it would record a total of $4.1 billion in non-cash charges against its fourth-quarter ...
“We’re closely monitoring the situation in China.” Similarly, General Motors spokeswoman Liz Winter told the Free Press, "We're assessing the situation; nothing to share at this time ...
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street. The automaker is also ...
General Motors’GM1.87%increase; green up pointing triangle restructuring of its struggling China operations and its decision to abandon its robotaxi ambitions led the automaker to report a $2.9 ...
Last month, GM warned Wall Street that it would record a total of $4.1 billion in non-cash charges against its fourth-quarter net income because of its struggling operations in China. GM said the ...
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