General Motors GM-2.27%decrease; red down pointing triangle has scrapped its Cruise robotaxi program after nearly a decade and $10 billion in development, citing the time and costs needed to scale ...
The parent company to powerhouse brands such as Chevrolet and Cadillac was once a powerhouse in China’s booming car market. Now it has revealed a shocking ...
It was the most reliable car he had ever driven — that's how Kris Trexler remembered his General Motors EV1. "It was just a car that I took home, plugged in at night, got up the next morning ...
General Motors GM-2.27%decrease; red down pointing triangle said it expects to take more than $5 billion in noncash charges in the fourth quarter because of weakness in its China business that ...
Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assets December 4, 2024 / 9:22 AM EST / AP Breaking down GM on track for record earnings in 2024 ...
The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totalling more than $5 billion USD in the fourth quarter ...
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off. By Neal E. Boudette General Motors ...
Major automakers in India saw a mix of growth and decline in November 2024. Maruti Suzuki and MG Motor India experienced notable sales increases, driven by SUVs and NEVs. Meanwhile, Hyundai faced ...