Hosted on MSN17d
GM’s 100-year-old China business can’t keep up with the EV boom there
Mary Barra, CEO of General Motors, got a question at a recent panel that almost every auto CEO has grappled with in the past year: Why is your company doing so poorly in China? Less than a decade ...
The Idaho Press-Tribune17d
General Motors swings to fourth quarter loss on toughening China conditions, but tops expectations
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...
Transport Topics4d
China’s 10% Tariff on US Cars Hits GM, Ford SUVs
China’s 10% additional tariff on vehicles with engines  larger than 2.5 liters imported from the U.S. took effect Feb. 10.
GM Authority5d
GM China Sales Up During Q4 2024 As Secrecy Around Sales Volume Remains
The partial and very limited report on GM China sales for both the fourth quarter and the 2024 calendar year continues to reduce the amount of data and informational transparency from the ...
The Daily Gazette18d
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
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 ...
Wall Street Journal17d
GM’s China Moves Hit Bottom Line
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 ...