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 ...
Moreno competed for the GOP nomination in the 2022 Ohio Senate race Vance eventually won. After Trump endorsed Vance, Moreno threw his support behind his onetime rival. He hosted fundraisers for Vance and even played the part of Democratic opponent Tim Ryan during debate prep, recalled Jai Chabria, who was chief strategist for Vance’s campaign.
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
The mining industry’s largest players are exploring cross-sector alliances to advance innovation programs and achieve sustainability goals.