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

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. Last month GM cautioned that the poor ...

GM has a 50-50 joint venture in China with SAIC Motor Corp. The joint venture is called Shanghai General Motors or SGM. SGM makes and sells Chevrolet, Buick and Cadillac vehicles in the Chinese ...

CHINA’S 10 per cent additional tariff on vehicles with larger engines imported from the US took effect on Monday (Feb 10) as ...

China's 10% additional tariff on vehicles with larger engines imported from the US took effect Monday as the two countries ...

General Motors has lost money in China each of the past three quarters ... The automaker and its joint ventures witnessed a boost in momentum during the fourth quarter, with sales up over 40% ...

GM China sales grew 40.6 percent to nearly 600,000 units during Q4 2024 quarter-on-quarter, but the announcement still ...

GM's results in China have been in decline for years ... Its market was beginning to boom, and foreign automakers paired up with joint ventures to begin selling vehicles in hopes the region ...

Last month GM cautioned that the poor performance of its Chinese joint ventures would force it to ... more than $5 billion in the fourth quarter. China has become an increasingly difficult market ...

The automaker and its joint ventures witnessed a boost in momentum ... There was a silver lining as GM's sales rebounded in China during the fourth quarter. But make no mistake: This is a huge ...

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped ... the poor performance of its Chinese joint ventures would force it to write down assets ...