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.

GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.

While Chrysler Corporation has yet other import any vehicles from China for the U.S. market, it is far from the most “made in the USA” of the Detroit Three.

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’s SAIC expects its full-year profit to come in at between RMB 1.5 and RMB 1.9 billion in 2024, representing a plunge of between 87% and 90%, due to

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 plans.

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

The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.

EV manufacturers are driving the EV revolution forward, fueled by rising consumer demand, technological progress, and regulatory backing, positioning the sector as a promising investment opportunity.

Tesla reported lower than expected profits Wednesday, citing declining vehicle prices as a factor as it projected a return to volume growth in 2025.