GM, which took a $4 billion restructuring charge against its fourth-quarter earnings for China restructuring, will focus on Cadillac and Buick there.
General Motors is closing a plant this month in the northeastern Chinese city of Shenyang as part of the U.S. automaker's ...
Automakers such as Hyundai Motor and General Motors have increasingly used South Korea as a tariff-free export market to the ...
Economic, political, and environmental trends are accelerating Central Asia’s shift to EVs, and Chinese firms are at the ...
Market adjustments have led Ford to change its EV strategies' the three-row electric SUV received cancellation and the ...
Wall Street shifted lower in early trading Wednesday as markets took in more corporate earnings reports while considering the ...
Wall Street is pointing sharply lower Monday following President Donald Trump’s orders to impose steep tariffs on the biggest ...
Shares of Japanese and South Korean car makers and their suppliers led declines in Asia on Monday, as exporters across the region were walloped by U.S. President Donald Trump's introduction of ...
In its fourth-quarter and full-year results reported Tuesday, General Motors hinted at big bonus checks for salaried workers, record-setting profit-sharing checks for hourly workers and said it ...
General Motors (GM) has reported a loss of $2.96bn in the fourth quarter of 2024, a downturn from a profit of $2.1bn in the same period the previous year.
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
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