China’s 10% additional tariff on vehicles with engines larger than 2.5 liters imported from the U.S. took effect Feb. 10.
GM China sales grew 40.6 percent to nearly 600,000 units during Q4 2024 quarter-on-quarter, but the announcement still ...
GM has a 50-50 joint venture in China with SAIC Motor Corp. The joint venture is called Shanghai General Motors or SGM. SGM ...
GM is aiming to restore its profitability in the Chinese market in 2025 after facing three consecutive quarters of losses and ...
Rewind to about 15 years ago, and China was the holy grail for automakers. Its market was beginning to boom, and foreign automakers paired up with joint ventures to begin selling vehicles in hopes the ...
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GM’s China Moves Hit Bottom LineRestructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for GM.
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General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street ...
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The largest impact on actual vehicles will be on on Ford Motor's Lincoln Nautilus and General Motors' Buick Envision. Those ...
General Motors’ joint venture with China’s SAIC said on Tuesday it has become the first among its peers that will “deeply” ...
In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs. General Motors rewarded ...
GM's Q4 incentives as a percentage of Average Transaction Price (ATP) was three percentage points below the industry average, ...
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