GM garnered higher auto sales in the fourth quarter (Q4) led by its home market where pricing remained strong. However, the earnings were dented by a US$4 billion hit from revamping the SAIC ...
GM garnered higher auto sales in the fourth quarter led by its home market where pricing remained strong. But the earnings were dented by a $4 billion hit from revamping the SAIC General Motors ...
The biggest was a roughly $4 billion charge to restructure and write down equity in its 50-50 joint venture with China’s SAIC Motor Corp. GM warned of the charge in December. GM also took ...
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GM garnered higher auto sales in the fourth quarter led by its home market, where pricing remained strong. But the earnings were dented by a $4 billion in non-cash costs from revamping the SAIC ...