China Losses Force General Motors to Take Over $5B in Charges to Restructure and Cut Asset Values

The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year

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Dec 4, 2024 - 07:36
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The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year
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