Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assets
Dec 04, 2024
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.
https://www.seattletimes.com/business/china-losses-force-general-motors-to-take-over-5b-in-charges-to-restructure-and-cut-asset-values/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all
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