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China, General Motors
General Motors swings to fourth quarter loss on charges related to China, but tops expectations
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 Q4 loss hits $2.96bn due to China charges
General Motors (GM) has reported a loss of $2.96bn in the fourth quarter of 2024, a downturn from a profit of $2.1bn in the same period the previous year.
General Motors revenue outshines hefty charges tied to China
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.
Charges Tied to China Weigh on GM in Q4, but Profit and Revenue Top Expectations
General Motors moved to a loss in its fourth quarter, as the automaker dealt with charges tied to its Chinese joint ventures, but its adjusted profit and revenue still soundly beat Wall Street’s expec
13h
on MSN
GM’s 100-year-old China business can’t keep up with the EV boom there
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
1d
on MSN
GM’s China Moves Hit Bottom Line
Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for GM.
1d
China restructuring hits GM 2024 profits, which beat Wall Street expectations
General Motors Co.'s full year net income was down 41% from 2023 after losing $3 billion in the fourth quarter.
Bill McEwen
1d
General Motors Swings to 4th Quarter Loss on Toughing China Conditions
GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.
1d
General Motors Q4 Earnings: Revenue And EPS Beat, Takes $5 Billion Hit On China & Robotaxi Woes
General Motors Company (NYSE:GM) shares are trading lower in the premarket session on Tuesday. The automotive behemoth ...
1d
on MSN
GM's Adjusted Earnings Top Estimates After Billions in China, Cruise Charges
General Motors posted better fourth quarter revenue and adjusted earnings than analysts had expected, as it recorded billions in one-time charges because of recent changes to the automaker's business ...
2d
General Motors Q4 results on deck: Analysts expect double-digit profit growth, tariff talks in focus
General Motors (GM) is scheduled to announce Q4 earnings on Tuesday, January 28th, before the market opens, with analysts ...
5h
General Motors CEO says automaker has plans to deal with tariffs, has been in talks with Trump administration
Mary Barra provided no details on how the automaker will respond to the tariffs, nor how they will affect GM, which has ...
3d
on MSN
General Motors Stock Has One Major Drawback
In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford ...
Kokomo Tribune
10h
GM workers to receive record setting profit-sharing checks
Hourly workers of General Motors will be receiving a record-breaking profit-sharing check this year. The company announced ...
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