GM is struggling so much in China, it had to announce massive charges to fix its business
China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one related to the restructuring of the operation and another reflecting its reduced value.
Legendary mall developer A. Alfred Taubman told Henry Ford II that Detroit's Renaissance Center was a mistake. He was right.
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 ...
It might seem like U.S. President-elect Donald Trump’s plan to gut automotive emissions restrictions and fuel-efficiency ...
GM is threatening to level all five towers of Detroit's Renaissance Center if it doesn't get a planned $250 million public ...
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The automaker confirms its backup plan after bipartisan pushback against allocating public money for a RenCen revamp.
Automotive company General Motors and developer Bedrock have released a proposal to redevelop the 1970s Renaissance Center ...
An employee suffered minor injuries after a cylinder exploded at a General Motors assembly plant, CBS Detroit reported. CBS ...
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Wrong-way driver dies after fatal crash • Declining deer hunting numbers • GM Proving Grounds explosionThe at-fault driver in a fatal wrong-way crash has died, Michigan continues to see a decline in deer hunting numbers, what we ...
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