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 taking a proactive approach with the United States government on regulations and doling out generous profit-sharing payouts to thousands of workers.
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
General Motors Company (NYSE:GM) shares are trading lower in the premarket session on Tuesday. The automotive behemoth reported adjusted earnings per share of $1.92 in the fourth quarter, beating the street view of $1.
General Motors Co.'s net income of $6 billion last ... charges of $5 billion for changes to its joint-venture business in China and stopping robotaxi funding. As a result, it missed its annual ...
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 (GM) is scheduled to announce Q4 earnings on Tuesday, January 28th, before the market opens, with analysts expecting a double-digit growth in pro
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 ...
GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street General Motors swung to a loss in the fourth ...
Bernie Moreno’s childhood dream was to become chairman of General Motors Co. He didn’t make it to the boardroom, but he did get elected to the US Senate, where he’s now aiming to wield influence over the auto industry as the chamber’s self-proclaimed “car czar.
What U.S. vehicles are built in China? There has been much handwringing over whether Chinese automakers should be allowed other sell cars in the U.S. But many buyers don't know that five 2025 vehicles available at U.
We recently published a list of Was Jim Cramer Right About These 12 Stocks? In this article, we are going to take a look at where Toyota (NYSE:TM) stands against other stocks that Jim Cramer