General Motors Company (GM)
NFL's holiday ratings boost, GM races into F1: YF Sports Report
NFL football games taking place on Thanksgiving Day is a tradition dating back to 1920 when the league was founded. This year's three NFL broadcasts continued the infamous tradition but were unique in their own regard by sharing a commonality: they rated big.
General Motors (GM) Stock Slides as Market Rises: Facts to Know Before You Trade
In the most recent trading session, General Motors (GM) closed at $53.36, indicating a -0.56% shift from the previous trading day.
Is GM Giving Up on Electric Vehicles (EVs)? Not So Fast
Earlier this week, General Motors (GM -1.03%) announced it is selling its stake in a battery plant to its partner LG Energy Solution. Some interpret this as another sign GM is pulling back on EVs, but that's not the case.
General Motors Recalls 132K Trucks Due to Tailgate Defect
GM recalls more than 132,000 trucks, including the 2024 Chevrolet Silverado HD 2500, 3500 and GMC Sierra HD 2500, 3500, to fix the tailgate issue.
GM takes $5.6B charge for China turnaround
General Motors Company (NYSE:GM) has warned of a "material loss in value" of its investments in China, forcing it into taking an accounting charge of up to $5.6 billion. Before the full potential impact can be calculated, the Chevrolet, Buick and Cadillac maker said it was making a "temporary impairment" of its stake in its China joint venture of between $2.6 billion and $2.9 billion for the final quarter of 2024 and recognizing additional equity losses of roughly $2.7 billion due to the cost of restructuring.
GM to write down value of China business by more than $5bn
Automaker is restructuring in China after losing about $350m in the region in the first three quarters of this year
GM expects more than $5 billion impact from China restructuring, including plant closures
CNBC's Phil LeBeau joins 'Squawk Box' with the latest news from General Motors.
General Motors Takes $5 Billion Hit From Ailing China Business
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.
GM signals more trouble for China's auto market with $5 billion-plus in impairment charges and write-downs
GM's 50-50 joint venture with SAIC Motor Corp. faces ‘market challenges and competitive conditions.'
GM's expects more than $5 billion impact from China restructuring, including plant closures
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion in charges and writedowns. The restructuring charges for the "SGM" joint venture are anticipated to include "plant closures and portfolio optimization," according to the filing.
GM to take more than $5 billion in charges on China operations
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one related to the restructuring of the operation and another reflecting its reduced value.
Stock Of The Day: Is General Motors Headed Lower?
General Motors Company GM shares are trading lower on Tuesday. They may also be breaking support.
