Uncertainty will loom over markets even if Trump doesn't follow through with his trade proposals, and the impact could drag ...
Asian equities were mixed overnight as South Korea underperformed in an unexpected political development, Taiwan and ...
Business sentiment among German companies in China is at an all-time low, a German business lobby group said on Wednesday, as ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
General Motors Co.’s stock slid 2.5% early 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 ...
Faltering U.S. industrial leadership has allowed China to take a harder trade stance as President-elect Donald Trump prepares ...
China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 ...
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...
GM faces $5 billion charge due to poor performance in China, cutting asset values and restructuring its joint ventures.
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 ...
GM said it would write down the value of its joint venture with China's SAIC Motors by as much as $2.9 billion and incur ...
New subsidies, dizzying variety for consumers and sluggish demand for EVs in other parts of the world is helping China ...