General Motors (NYSE: GM) even sold more vehicles in China than the U.S. for many years, but that's all changed now, and the sad part is China's lucrative market may never be the opportunity it ...
Less than a decade ago, China was an easy source of cash for GM, an “automatic” $2 billion-a-year dividend for investors, says David Whiston, an analyst with Morningstar. The U.S. auto giant ...
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She also said China had positive equity income in the fourth quarter before restructuring costs and that GM is taking steps with its partner to improve from there. On uncertainty over trade ...
Myles Garrett isn't going anywhere any time soon. Cleveland Browns general manager Andrew Berry told reporters at the Senior Bowl that he will not trade Garrett no matter what the team is offered.
GM had signaled the hit in early December as it sought to bring down costs and clear out inventory in China. Still, CEO Mary Barra characterised 2024 as an “outstanding” year, pointing to the ...
The automaker posted billions in one-time charges for recent moves like restructuring its China business and halting development of its Cruise robotaxis. GM predicts rising profit in 2025 ...
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 ...
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