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 Cadillac and Buick there.
GM is aiming to restore its profitability in the Chinese market in 2025 after facing three consecutive quarters of losses and ...
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 ...
GM cut a shift at its Ramos Arizpe manufacturing plant in Mexico, where it builds the Chevy Equinox EV and Honda Prologue. According to GM, the move was due to Honda’s decision to slow Prologue ...
General Motors' Ramos Arizpe plant in Mexico builds the Chevrolet Equinox EV, shown here, as well as the Blazer EV and the electric Cadillac Optiq for GM. It also produces the Honda Prologue ...
China is the world’s largest BEV market, with domestic sales estimated at around 6.7 million units and a further 1 million exported to world markets. Toyota’s hopes the new Lexus plant will he ...
The additional tariff will apply to automakers including GM and Ford Motor Co., which are already struggling in China as local drivers switch to electric cars made by domestic manufacturers led by ...
The biggest impact on vehicles will be on Ford Motor's Lincoln Nautilus and General Motors' Buick Envision. Those crossovers accounted for 83,884, or 95%, of the 88,515 China-made vehicles that ...
China's heavy subsidies for its EV industry have caused headaches for foreign automakers. GM's results in China have been in decline for years. The company's fourth quarter in the country gives ...
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 ...
DETROIT — President Donald Trump's move Saturday to impose 10% additional tariffs on imports from China affects a small number of U.S. vehicles. But those tariffs are also hitting auto parts ...