SAIC Motor Corp., the Chinese partner of General Motors Co., said preliminary profit for 2024 may plummet by as much as 90% due to a writedown of the US carmaker’s joint venture in the nation and a ...
Rewind to about 15 years ago, and China was the holy grail for automakers. Its market was beginning to boom, and foreign ...
Once Norway's Vianode launches production in North America, the deal will run through 2033. The new plant could be in the U.S ...
General Motors' (GM) recent strategic moves to restructure its business in China and refocus its Cruise autonomous driving business should be tailwinds for the company's stock, Deutsche Bank said in a ...
Chinese exports and investment in Mexico are quickly rising. The Trump team fears its neighbor could be used as a backdoor to ...
Trump loves the reciprocal trade framework … and he loves this [idea],” a source said of the president’s plan for joint ventures.
Cadillac CT5-V Blackwing was officially unveiled in China, but there are no concrete plans to sell the high-performance sedan ...
General Motors Company GM and its joint ventures concluded 2024 with impressive momentum in China, achieving a 40.6% quarter-over-quarter increase in fourth-quarter deliveries, totaling nearly ...
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 ...
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in ...
South Korea's Hyundai Motor said on Thursday it is in talks with General Motors to supply commercial electric vehicles to its ...