General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
Auto giant General Motors warned in government filings on Wednesday that it will take a $5 billion hit in the fourth quarter ...
GM reported a $347 million loss from these ventures between Jan. and Sept., compared with a $353 million profit during the ...
GM has a 50-50 joint venture in China with SAIC Motor Corp. — Shanghai General Motors — which makes and sells Chevrolet, ...
Faltering U.S. industrial leadership has allowed China to take a harder trade stance as President-elect Donald Trump prepares ...
General Motors announced Wednesday it will book more than $5 billion in losses and write-downs due to the restructuring of ...
Volkswagen and SAIC Motor say they have agreed to extend their 40-year-old automaking joint venture in China until 2040 ...
SAIC Volkswagen is on target to introduce 18 new models, 15 of them specifically for the Chinese market. Six of the 18 are ...
Volkswagen AG has extended its joint venture with SAIC by 10 years to 2040, a sign of the global carmakers' confidence in the ...
Germany's Volkswagen Group and its Chinese partner have sold a factory in the Xinjiang region of China, where accusations of ...