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 ...
GM inks multibillion-dollar deal for synthetic battery materials that would bypass China
Once Norway's Vianode launches production in North America, the deal will run through 2033. The new plant could be in the U.S. or Canada.
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 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 ...
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 ...
Trump sees a new threat on the Mexican border. It’s called China.
Chinese exports and investment in Mexico are quickly rising. The Trump team fears its neighbor could be used as a backdoor to the U.S. market.
General Motors upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded General Motors (GM) to Buy from Hold with a $60 price target into the Q4 report. The firm cites GM’s recent strategic ...
General Motors Stock Has One Major Drawback
General Motors (NYSE: GM) turned in a strong 2024 on the back of rising sales. In fact, Detroit's largest automaker ...