GM China sales grew 40.6 percent to nearly 600,000 units during Q4 2024 quarter-on-quarter, but the announcement still ...
The automaker is in the midst of a massive restructuring of its operations in China to reduce costs, operate more efficiently ...
General Motors Co.'s full year net income was down 41% from 2023 after losing $3 billion in the fourth quarter.
The world’s largest EV maker does not look to be slowing down anytime soon. Newly discovered documents show that ...
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% additional tariff on ... to the number of cars that companies including General Motors Co. produce locally with joint venture partners. Manufacturers shipped about $3.1 billion ...
Another area of concern for GM is its operations in China. The automaker reported a $4 billion non-cash expense related to the restructuring of its joint venture in China. GM’s focus on its ...
Based on GM's Baojun, the new Chevrolet Spark EUV is expected to go on sale in the Brazilian market later this year ...
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 ...
Exports of such vehicles are tiny relative to the number of cars that companies including General Motors Co. produce locally with joint venture partners. Manufacturers shipped about $3.1 billion worth ...
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% ...