GM Authority2d
GM China Sales Up During Q4 2024 As Secrecy Around Sales Volume Remains
GM China sales grew 40.6 percent to nearly 600,000 units during Q4 2024 quarter-on-quarter, but the announcement still ...
The Washington Post15d
General Motors swings to fourth quarter loss on toughening China conditions, but tops expectations
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street. The automaker is also ...
Detroit News15d
China restructuring hits GM 2024 profits, which beat Wall Street expectations
Without the charges in China, adjusted operating profit was a record $14.9 billion, up 21% from 2023, for the year, and for the quarter, it was $2.5 billion, up 43%. GM in December said it ...
Wall Street Journal15d
GM’s China Moves Hit Bottom Line
General Motors’GM1.87%increase; green up pointing triangle restructuring of its struggling China operations and its decision to abandon its robotaxi ambitions led the automaker to report a $2.9 ...
USA Today11d
GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
Last month, GM warned Wall Street that it would record a total of $4.1 billion in non-cash charges against its fourth-quarter net income because of its struggling operations in China. GM said the ...
WFMZ-TV15d
General Motors swings to fourth quarter loss on toughening China conditions, but tops expectations
FILE - A 2024 Chevrolet Silverado 2500 HD Custom truck is shown at the Pittsburgh International Auto Show in Pittsburgh, Feb. 15, 2024. General Motors swung to a loss in the fourth quarter on an ...