General Motors is closing a plant this month in the northeastern Chinese city of Shenyang as part of the U.S. automaker's ...

GM, which took a $4 billion restructuring charge against its fourth-quarter earnings for China restructuring, will focus on ...

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

Without the charges in China, adjusted operating ... $11 billion will focus on battery plant construction, joint-venture investments and vehicle programs. GM expects to pay off or refinance ...

including plant closures and portfolio adjustments. While these expenses will impact GM’s fourth-quarter profits, the automaker expects its China operations to show year-over-year growth ...

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 ...