Losses in China lead to $5B charge for General Motors as it cuts the value of its assets

informed
December 4, 2024
12:28 pm

The poor performance of the Detroit automaker's 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 of this year.

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Losses in China lead to $5B charge for General Motors as it cuts the value of its assets

Losses in China lead to $5B charge for General Motors as it cuts the value of its assets

Active membership Required to Read Full Story

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