GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for ...

The Japanese carmaker plans to tap the local supply chain, logistics network and talent pool to produce Lexus-branded EVs ...

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 ...

Toyota is making a bold gambit to succeed in the Chinese market, where peers such as Volkswagen, Nissan and General Motors ...

The electric-car maker, the main source of the mercurial billionaire’s wealth, is relying on China to stay profitable as ...

The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.

GM's Mexican plants also build two of its critical ... Zhang Yan and Brenda Goh in Shanghai, Wen-Yee Lee in Taipei, Christoph Steitz and Helen Reid in London; Paolo Landini in Gdansk, Giulio ...

As GM CEO Mary Barra said ... a wholly-owned EV and battery factory right in the heart of Shanghai. “We decided to establish a wholly owned company for the development and production of Lexus ...

Shanghai (Gasgoo)-On February 6, SAIC-GM-Wuling ("SGMW") released its January 2025 sales data, reporting a global total of 106,818 vehicles—an 18.2% increase year-on-year. Notably, new energy vehicle ...