GM’s 100-year-old China business can’t keep up with the EV boom there
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
General Motors Q4 Earnings: Revenue And EPS Beat, Takes $5 Billion Hit On China & Robotaxi Woes
General Motors Company (NYSE:GM) shares are trading lower in the premarket session on Tuesday. The automotive behemoth ...
General Motors says making ‘good progress’ in China
Expects to forecast $1B in annual run rate savings from ending Cruise robo-taxi program. Says Cruise employees to be fully integrated into the ...
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Only 1 of the Detroit 3 doesn’t import any vehicles from China
While Chrysler Corporation has yet other import any vehicles from China for the U.S. market, it is far from the most “made in the USA” of the Detroit Three.
GM's Adjusted Earnings Top Estimates After Billions in China, Cruise Charges
General Motors posted better fourth quarter revenue and adjusted earnings than analysts had expected, as it recorded billions in one-time charges because of recent changes to the automaker's business ...
General Motors Q4 results on deck: Analysts expect double-digit profit growth, tariff talks in focus
General Motors (GM) is scheduled to announce Q4 earnings on Tuesday, January 28th, before the market opens, with analysts ...
General Motors Stock Has One Major Drawback
In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford ...
Tesla’s Profit Fell Sharply Last Year
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the ...