The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.

China has been an important market for GM, second only to its U.S. operations. The company operates in China through a 50-50 joint venture with SAIC Motor Corp., called Shanghai General Motors ...

Then we thought it'd be the Springo EV. Now we know that the first electric vehicle developed by Shanghai General Motors, the partnership between GM and SAIC, will officially be called the Sail ...

General Motors Co.'s full year net income was down 41% from 2023 after losing $3 billion in the fourth quarter.

China remains a crucial market for GM, ranking second only to its U.S. operations. The automaker partners with SAIC Motor Corp. in a 50-50 joint venture in China called Shanghai General Motors ...

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue ...

GM has a 50-50 joint venture in China with SAIC Motor Corp. The joint venture is called Shanghai General Motors or SGM. SGM makes and sells Chevrolet, Buick, and Cadillac vehicles in the Chinese ...

There was a silver lining as GM's sales rebounded in China during the fourth quarter. But make no mistake: This is a huge ...

Expects to forecast $1B in annual run rate savings from ending Cruise robo-taxi program. Says Cruise employees to be fully integrated into the ...

China remains a crucial market for GM, ranking second only to its U.S. operations. The automaker partners with SAIC Motor Corp. in a 50-50 joint venture in China called Shanghai General Motors (“SGM”) ...