General Motors (GM) is halting the export of some U.S. vehicles to China. The Detroit-based automaker had been doing so through the Durant Guild, a "lifestyle platform" that the Detroit-based ...
General Motors late last week informed employees and dealers for its China export business it would stop shipping vehicles to China from the United States, the company said. The move comes as the ...
Just last year, U.S. car buyers could choose from six different models assembled in China. Today, Ford Motor Co. is the only ...
China has been an important market for General Motors (GM), second only to its U.S. operations. The company operates in the country through two major joint ventures — SAIC-GM (which sells Chevrolet, ...
The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this ...
General Motors (GM) has instructed thousands of its suppliers to phase out sourcing parts and materials from China by 2027. The exit strategy began in early 2024, with the directive gaining momentum ...
General Motors Co. will incur two noncash charges of more than $5 billion for recognizing the change in value of its joint-venture business in China and restructuring costs there, according to a ...
General Motors is taking a hard look at its struggling Chinese operations, with plans to restructure its joint venture with SAIC Motor Corp. The move, disclosed in a regulatory filing, will result in ...