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 automotive giant's net income was ...

General Motors (GM) is set to incur a writedown and restructuring charges exceeding $5bn in relation to its underperforming Chinese joint ventures (JVs). GM revealed in a recent regulatory filing ...

General Motors Co.’s stock slid Wednesday as the auto giant’s joint-venture in China booked more than $5 billion in impairment charges and write-downs in the face of competitive price wars in ...

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 Co. just posted an impressive Q4 2024 earnings results and 2025 outlook, showcasing robust performance.Q4 2024. The company reported revenue of $47.7 billion for the fourth quarter ...

General Motors said it expects to incur more than $5 billion in impairment charges and write-downs this quarter because of weakness in its China business. Shares in the automaker, which are up ...

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 ...

General Motors revenue outshines hefty charges tied to China A 2024 Chevrolet Silverado 2500 HD Custom truck is shown at the Pittsburgh International Auto Show in Pittsburgh. 15 Feb 2024 ...

General Motors swung to a loss in the fourth quarter on huge charges related to China, ... Stripping out the charges and other items, GM earned $1.92 per share in the quarter.

Microsoft MSFT 1.39 % increase; green up pointing triangle will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program.

General Motors (GM) is set to incur a write-down and restructuring charges exceeding $5bn in relation to its underperforming Chinese joint ventures (JVs).