GM to take more than $5 billion in charges on China operations

Show Automotive and Transportation Publications

Wed, December 18, 2024

[ Wed, Dec 18th 2024 ] - National Observer

Is Canada's EV dream running out of charge?

[ Wed, Dec 18th 2024 ] - AM-online

Rising costs and Chinese competition imperil Europe's car manufacturing

[ Wed, Dec 18th 2024 ] - DriveSpark

Bharat Mobility Global Expo 2025: Key Highlights & Schedule

[ Wed, Dec 18th 2024 ] - Reuters

Stellantis Italian plants to increase output from 2026, Europe's chief says

[ Wed, Dec 18th 2024 ] - Forbes

U.S. Auto Industry At Competitive Risk Asserts Blunt Report From Execs

Tue, December 17, 2024

[ Tue, Dec 17th 2024 ] - MSN

Auto recap, Dec 17: Maruti hits 20 lakh production milestone, Skoda, Jeep announce price hikes

[ Tue, Dec 17th 2024 ] - Detroit News

Why it's impossible to make a car without China, regardless of tariffs

[ Tue, Dec 17th 2024 ] - The New York Times

Honda and Nissan Are in Talks to Deepen Ties and Possibly Merge

[ Tue, Dec 17th 2024 ] - USA Today

Consumers shift to smaller, cheaper vehicles in 2024 as affordability reshapes auto market

[ Tue, Dec 17th 2024 ] - WSYM-TV

R.E Olds Museum celebrates the 120th anniversary of REO Motor Car Company

[ Tue, Dec 17th 2024 ] - Investopedia

Four Market Trends to Track if You're Thinking About Buying a Car in 2025

[ Tue, Dec 17th 2024 ] - Bridge Magazine

Report: Michigan mobility jobs grow as traditional auto employment falls

[ Tue, Dec 17th 2024 ] - Reuters

Fiat owner Stellantis launches upbeat plan to boost manufacturing in Italy

[ Tue, Dec 17th 2024 ] - CCJ

5 ways AI-powered demand forecasting is changing the future of logistics

[ Tue, Dec 17th 2024 ] - U.S. News & World Report

Why Is Tech Giant SoftBank Investing Over $100 Billion in the US?

[ Tue, Dec 17th 2024 ] - Arab Times

Alghanim Industries and BYD Unveil Landmark Showroom in Kuwait

[ Tue, Dec 17th 2024 ] - Forbes

Why GM Ditched Cruise Driverless: Software-Driven Cars Mean Big Bucks

[ Tue, Dec 17th 2024 ] - After Market News

AMN Year in Review: Top Manufacturing News of 2024

[ Tue, Dec 17th 2024 ] - Seeking Alpha

Tesla: Rapid Growth Is Priced In (Rating Downgrade)

[ Tue, Dec 17th 2024 ] - MSN

What's Next for Cars? 14 Innovations Coming In 2025 and Beyond

[ Tue, Dec 17th 2024 ] - Forbes

U.S. Auto Industry At Risk Asserts Blunt Report From Exec Conference

[ Tue, Dec 17th 2024 ] - AM-online

Select Car Leasing appoints Shane Pither to lead EV division

[ Tue, Dec 17th 2024 ] - crainsgrandrapids

Auto suppliers seek shreds of certainty in 2025 amid policy, consumer disruptions

[ Tue, Dec 17th 2024 ] - AM-online

Sytner Group's Bradford Audi dealership to close after 15 years

[ Tue, Dec 17th 2024 ] - kr-asia

Can newcomer Cavan Auto's zero-carbon vision disrupt the NEV market?

[ Tue, Dec 17th 2024 ] - Yahoo

The Weekly Tender: Truckload market surging

[ Tue, Dec 17th 2024 ] - DriveSpark

Bharat Mobility Global Expo 2025 Participant Details: Luxury Car Makers To Startups

[ Tue, Dec 17th 2024 ] - Reuters

Focus: Europe's carmakers discount EVs, hike petrol car prices as new emissions rules loom

Mon, December 16, 2024

[ Mon, Dec 16th 2024 ] - Woodworking Network

ISM finds economic improvement in 2025. Including wood products, furniture

[ Mon, Dec 16th 2024 ] - AM-online

Automotive in 2025: Challenges remain but opportunities ripe for innovators

[ Mon, Dec 16th 2024 ] - Mercury News

California Politics

[ Mon, Dec 16th 2024 ] - MSN

Auto Transport Industry Trends in a Trump Economy: An In-Depth Analysis

[ Mon, Dec 16th 2024 ] - Seeking Alpha

Aptiv: Uncertain Near-Term Production Landscape May Prompt Shares To Drift

[ Mon, Dec 16th 2024 ] - Vanguard

Shettima lauds Nigeria's electric car, CNG company

[ Mon, Dec 16th 2024 ] - Reuters

Exclusive: Trump transition team plans sweeping rollback of Biden EV, emissions policies

[ Mon, Dec 16th 2024 ] - MarketWatch

These are the most 'American-made' cars, but 'a p .. od of real instability' looms with tariff threats

[ Mon, Dec 16th 2024 ] - AM-online

Arnold Clark to partner with US sport brand Corvette

[ Mon, Dec 16th 2024 ] - Reuters

Stellantis swiftly reshapes strategy under Elkann after Tavares exit

Sun, December 15, 2024

[ Sun, Dec 15th 2024 ] - Reuters

Italy ready to work with Stellantis if jobs and plants are preserved, Meloni says

[ Sun, Dec 15th 2024 ] - The New York Times

Automakers Thrived in the Pandemic. Many Are Now Struggling.

Sat, December 14, 2024

[ Sat, Dec 14th 2024 ] - Reuters

Exclusive: Trump team wants to scrap car-crash reporting rule that Tesla opposes

[ Sat, Dec 14th 2024 ] - The Hill

Supreme Court takes up California clean cars case

Fri, December 13, 2024

[ Fri, Dec 13th 2024 ] - The New York Times

Biden Administration Is Said to Allow California to Ban New Gas-Powered Cars

[ Fri, Dec 13th 2024 ] - USA Today

Trump tariffs could intensify US trucking industry slump, experts say

[ Fri, Dec 13th 2024 ] - Seeking Alpha

Tesla Stock: Big Potential, Bigger Risks, And Better Alternatives

[ Fri, Dec 13th 2024 ] - Tennessean

GM proves that big moves are restructuring on the fly as uncertainty looms in 2025

[ Fri, Dec 13th 2024 ] - news.bloomberglaw

California Auto Emissions Case Gets US Supreme Court Review

[ Fri, Dec 13th 2024 ] - Detroit News

Howes: What GM's exit from robotaxi space says about limits in race for AV leadership

[ Fri, Dec 13th 2024 ] - The Verge

Trump is probably going to kill the crash reporting rule that made Tesla look bad

[ Fri, Dec 13th 2024 ] - CNBC

Best car insurance companies of December 2024

[ Fri, Dec 13th 2024 ] - MSN

Tesla shares rally as investors anticipate growth after Trump victory

[ Fri, Dec 13th 2024 ] - manilatimes

Dave Cantin Group's Jump IQ Garners Auto Dealersh .. echnology of the Year Honors in 2024 Merit Awards

[ Fri, Dec 13th 2024 ] - riazor

Elon Musk won't make more electric Tesla, but neither will hydrogen - Here's the new fuel

[ Fri, Dec 13th 2024 ] - AM-online

Hendy to open state-of-the-art Tunbridge Wells dealership

[ Fri, Dec 13th 2024 ] - Reuters

Trump tariffs endanger struggling US trucking industry, experts say

[ Fri, Dec 13th 2024 ] - Reuters

Exclusive: Trump transition recommends scrapping car-crash reporting requirement opposed by Tesla

[ Fri, Dec 13th 2024 ] - MSN

Tesla's shares in meteoric rally after Trump's US election victory

Thu, December 12, 2024

[ Thu, Dec 12th 2024 ] - familydestinationsguide

This Massive Car Museum In Florida Houses Over 100 Classic Cars And Fascinating Memorabilia

[ Thu, Dec 12th 2024 ] - Reuters

Truck-maker Paccar to recall 220,972 US vehicles over electronic system issues

[ Thu, Dec 12th 2024 ] - riazor

Tesla Robotaxi will have a never-before-seen detail: The first in history to operate without this

[ Thu, Dec 12th 2024 ] - Business Insider

Paccar Announces Leadership Change in Financial Services

[ Thu, Dec 12th 2024 ] - DriveSpark

Bharat Mobility Global Expo 2025: Everything You Need To Know

[ Thu, Dec 12th 2024 ] - Planet Detroit

$112 million project promises cleaner air, less truck traffic in southwest Detroit

[ Thu, Dec 12th 2024 ] - Gulf News

Electrified mobility an essential element for powering Dubai's D33 Agenda and ambitions

[ Thu, Dec 12th 2024 ] - The Cross Timbers Gazette

Northwest ISD announces expansion of career and technical education options

[ Thu, Dec 12th 2024 ] - Yahoo Finance

Western Alliance CEO to Take Leave of Absence for Bypass Surgery

[ Thu, Dec 12th 2024 ] - Yahoo Finance

Bank of America Taps Adviser for Potential London Office Move

Wed, December 11, 2024

[ Wed, Dec 11th 2024 ] - Torque News

2025 Chevrolet Equinox RS AWD - Popular For Good Reason

[ Wed, Dec 11th 2024 ] - Insider Monkey

Jim Cramer's Latest Calls: Top 10 Stocks

[ Wed, Dec 11th 2024 ] - The Hindu

Tamil Nadu Government cracks the whip on bike taxis in Chennai

[ Wed, Dec 11th 2024 ] - riazor

America unveils the most expensive engine ever-seen: $6 billion and a totally-new fuel

[ Wed, Dec 11th 2024 ] - Journalist's Resource

Story ideas from the Federal Reserve's Beige Book: December 2024

[ Wed, Dec 11th 2024 ] - Car and Driver

How We'd Spec It: 2025 Toyota 4Runner from the Bottom to the Top

[ Wed, Dec 11th 2024 ] - The Dispatch / The Rock Island Argus

County health department to expand affordable care clinic to Rock Island High School

[ Wed, Dec 11th 2024 ] - Manchester Evening News

Man United's unusual 2025 kick-off time explained amid supporter anger

[ Wed, Dec 11th 2024 ] - The Free Press Journal

US: President-Elect Donald Trump Invites China's Xi Jinping To Attend His Inauguration On Jan 20

[ Wed, Dec 11th 2024 ] - Charlotte Observer

US electric vehicle infrastructure has tripled in 5 years. Here's how North Carolina compares.

[ Wed, Dec 11th 2024 ] - Daily Journal

Geotab integrates Volvo Cars in its extensive OEM partner network

[ Wed, Dec 11th 2024 ] - Businessworld

Fuel And Road Costs Can Reduce Logistics To 9%: Nitin Gadkari

[ Wed, Dec 11th 2024 ] - Houston Public Media

General Motors reportedly scraps autonomous vehicles months after Houston relaunch of Cruise

[ Wed, Dec 11th 2024 ] - Yahoo

Which state is rivaling California on EV leadership? Colorado

[ Wed, Dec 11th 2024 ] - MSN

Wrong-way driver brought to a halt after DPS trooper crashed into him on Loop 101

[ Wed, Dec 11th 2024 ] - Yahoo Finance

MotorTrend CEO on why the Ram 1500 won 'Truck of .. e Year' and what tariffs would mean for US buyers

[ Wed, Dec 11th 2024 ] - Bradford Era

Resources for older drivers to remain active, connected

[ Wed, Dec 11th 2024 ] - Yahoo Finance

ECD Auto Design Announces Receipt of Nasdaq Delisting Notice

[ Wed, Dec 11th 2024 ] - The Royal Gazette

Car sales and service spike for first ten months of year

[ Wed, Dec 11th 2024 ] - Stoneham Independent

EU conservatives seek to stall 2035 combustion engine ban

[ Wed, Dec 11th 2024 ] - YAHOO!News

What are the best, worst times to travel for Christmas, New Year's? AAA predicts crowded roads

[ Wed, Dec 11th 2024 ] - The New Indian Express

Wide berth to protected monuments in Ahmedabad rly station redevelopment plan

[ Wed, Dec 11th 2024 ] - Beatrice Daily Sun

Only about 2 in 10 Americans approve of Biden's pardon of his son Hunter, poll finds

[ Wed, Dec 11th 2024 ] - Beatrice Daily Sun

House approves $895B defense bill with military pay raise, ban on transgender care for minors

[ Wed, Dec 11th 2024 ] - The Franklin News Post

FBI Director Wray says he intends to resign at end of Biden's term in January

[ Wed, Dec 11th 2024 ] - MSN

Here's what to know about Chick-fil-A's incoming distribution center in Kentucky

[ Wed, Dec 11th 2024 ] - Yahoo

US car giant axes $10bn self-driving taxi business amid safety issues

[ Wed, Dec 11th 2024 ] - Forbes

Cybersecurity Confusion In Auto Industry: Disproving A Future Negative

[ Wed, Dec 11th 2024 ] - Wall Street Journal

General Motors Scraps Cruise Robotaxi Program

[ Wed, Dec 11th 2024 ] - Associated Press

EPA awards $135 million to California to phase out big diesel trucks

[ Wed, Dec 11th 2024 ] - Detroit News

Top auto lobby warns states of 'unachievable' California emissions rules

[ Wed, Dec 11th 2024 ] - Los Angeles Times

Why Newsom's electric vehicle mandate is in trouble

[ Wed, Dec 11th 2024 ] - Reuters

Wall Street mostly upbeat on GM's decision to pull the plug on Cruise

[ Wed, Dec 11th 2024 ] - CalMatters

Polluted communities hold their breath as companies struggle with California's diesel truck ban

[ Wed, Dec 11th 2024 ] - The Verge

The end of Cruise is the beginning of a risky new phase for autonomous vehicles

[ Wed, Dec 11th 2024 ] - Associated Press

EPA awards $144 million to California to phase out big diesel trucks

[ Wed, Dec 11th 2024 ] - TopSpeed

From Fuel Economy To Longevity: Why Compact Cars And SUVs Are Making a Comeback

[ Wed, Dec 11th 2024 ] - Community Impact Newspaper

Northwest ISD CTE program to expand with construction, transportation academies

[ Wed, Dec 11th 2024 ] - The Independent Singapore

45% employers plan to hire more staff in Q1 2025, but 20% plan to reduce hiring efforts

[ Wed, Dec 11th 2024 ] - Cars

10 Biggest News Stories of the Week: Mercedes-Benz GLC350e Pulls Plug on Chevrolet Traverse

[ Wed, Dec 11th 2024 ] - Repairer Driven News

FCC adopts final rules for cellular-vehicle-to-everything technology

[ Wed, Dec 11th 2024 ] - USA Today

MichAuto panel talks state of industry with rise of China, electric vehicles, tariffs

[ Wed, Dec 11th 2024 ] - CNBC

Best Auto Loans and Financing of December 2024

Tue, December 10, 2024

[ Tue, Dec 10th 2024 ] - USA Today

GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars

[ Tue, Dec 10th 2024 ] - Crain's Detroit

Cruise dropping robotaxi effort as GM shifts focus to driver-assist tech

[ Tue, Dec 10th 2024 ] - The New York Times

G.M. Will Stop Developing Self-Driving Taxis

[ Tue, Dec 10th 2024 ] - Slate

Giant Cars Are Going Global

[ Tue, Dec 10th 2024 ] - Electronic Design

High-Precision Current Sensors Target Automotive, Industrial Busbars

[ Tue, Dec 10th 2024 ] - JD Supra

Road Notes - Takeaways from Used Car Week 2024

[ Tue, Dec 10th 2024 ] - Forbes

Rare Earth Ban Fuels Doubt About The Viability Of The US Auto Industry

[ Tue, Dec 10th 2024 ] - TechCrunch

San Francisco is the most prepared city for new transportation tech

[ Tue, Dec 10th 2024 ] - MSN

The Best Car Anti-theft Devices of 2024

[ Tue, Dec 10th 2024 ] - Seeking Alpha

Auto 2025: These stocks may outperform despite industry speed bumps

[ Tue, Dec 10th 2024 ] - MSN

3M Company Rises 29.8% in 6 Months: What Should Investors Do?

[ Tue, Dec 10th 2024 ] - WPRI 12

Satellite offers potential clues about what went wrong with the Washington Bridge

[ Tue, Dec 10th 2024 ] - Bloomberg L.P.

A Boom in Earnings for Car-Carrying Ships Is Starting to Fade

[ Tue, Dec 10th 2024 ] - Reuters

AutoZone misses first-quarter profit, revenue estimates

[ Tue, Dec 10th 2024 ] - Yahoo Finance

Super Dispatch Names Matt Bradley as CEO to Lead .. ase of Transformation for Auto Transport Platform

[ Tue, Dec 10th 2024 ] - Forbes

The Renewable Energy Revolution In The Automotive Industry

[ Tue, Dec 10th 2024 ] - Gulf News

Automechanika Dubai 2024 kicks off at DWTC with record breaking exhibitors

Mon, December 9, 2024

[ Mon, Dec 09th 2024 ] - D'MARGE

Elon Musk's IQ Rivals Einstein's, But His Brilliant Mind Comes With a Dark Side

[ Mon, Dec 09th 2024 ] - Ars Technica

EV charging infrastructure isn't just for road trippers

[ Mon, Dec 09th 2024 ] - The Canary

Car manufacturers are NOT committed to tackling the climate crisis - despite the EV bluster

[ Mon, Dec 09th 2024 ] - Middle East Institute

Renewable Energy and Morocco's New Green Industri .. Youth Employment through Sustainable Development

[ Mon, Dec 09th 2024 ] - Wall Street Journal

Auto & Transport Roundup: Market Talk

[ Mon, Dec 09th 2024 ] - Reuters

Stellantis' former head of Ram returns to run the brand

[ Mon, Dec 09th 2024 ] - ABC

How the pandemic brought out the off-road 'animal spirits' in drivers

[ Mon, Dec 09th 2024 ] - New Atlas

Flat-pack electric truck delivers the goods in developing nations

[ Mon, Dec 09th 2024 ] - MSN

How One Man's Fascination Led to a Lifetime With a Rare 1954 Jaguar XK120 SE

[ Mon, Dec 09th 2024 ] - Truck News

Trucking Announcements: Farquhar joins Gallagher; executive appointments at Hexagon, Motive

[ Mon, Dec 09th 2024 ] - Politico

Sean Duffy's week on the Hill

[ Mon, Dec 09th 2024 ] - MSN

Chain of Rocks Bridge reaches midway point with new span open

[ Mon, Dec 09th 2024 ] - The New York Times

Chinese Carmakers Are Taking Mexico by Storm While Eyeing U.S.

[ Mon, Dec 09th 2024 ] - Impacts

7 Iconic Cars That Defined Their Eras

Sun, December 8, 2024

[ Sun, Dec 08th 2024 ] - The Indian Express

No diesel autorickshaws in Gurgaon from January

[ Sun, Dec 08th 2024 ] - Forbes

Stellantis Shares Stabilize As Investors Ponder Tavares Demise

[ Sun, Dec 08th 2024 ] - tech

Mahindra Renames Electric SUV to BE 6 Amid Trademark Dispute with IndiGo

Sat, December 7, 2024

[ Sat, Dec 07th 2024 ] - Business Insider

Business Insider: The Latest

[ Sat, Dec 07th 2024 ] - Newsweek

Changes Coming to NASCAR Cup and Truck Series, Admits President Steve Phelps

[ Sat, Dec 07th 2024 ] - Al Jazeera English

Israel-Palestine conflict

[ Sat, Dec 07th 2024 ] - Forbes

30 Under 30 Transportation & Mobility 2025: These Young Founders Are Going Places

[ Sat, Dec 07th 2024 ] - Indiatimes

Invest with Confidence. Lead with Insights.

[ Sat, Dec 07th 2024 ] - electrive

SAE strives for 'universal' Plug & Charge for the USA

[ Sat, Dec 07th 2024 ] - MSN

Why is QuantumScape Corporation (QS) Among the Best Lithium and Battery Stocks to Invest In?

[ Sat, Dec 07th 2024 ] - The New York Times

Climate and Environment

[ Sat, Dec 07th 2024 ] - Bloomberg L.P.

VW, Stellantis Brace For Another Rough Year in Auto Industry

[ Sat, Dec 07th 2024 ] - GoodNewsNetwork

Good News, Inspiring, Positive Stories

Fri, December 6, 2024

[ Fri, Dec 06th 2024 ] - Bloomberg L.P.

Auto Production Tumbles in Canada Before Trump's Return as Detroit Pulls Back

[ Fri, Dec 06th 2024 ] - IBTimes India

The Evolution of AI: How Deep Learning is Transforming Industries

[ Fri, Dec 06th 2024 ] - electronicsforu

Open-Source Dataset For Car Design With AI

[ Fri, Dec 06th 2024 ] - Government Technology

Automakers See Returning Demand for Hybrid Vehicles

[ Fri, Dec 06th 2024 ] - Green Car Reports

Universal plug-and-charge coming to all EVs starting in 2025

[ Fri, Dec 06th 2024 ] - Automotive News

Stay Informed, Stay Ahead

[ Fri, Dec 06th 2024 ] - Yahoo

Is Michigan's auto industry careening into a ditch?

[ Fri, Dec 06th 2024 ] - familydestinationsguide

This Vintage Auto Road Trip Will Take You To 12 O .. sic Car Collections That'll Rev Up Your Nostalgia

[ Fri, Dec 06th 2024 ] - MSN

Tesla's Three Upcoming Models And What They Mean For The American Automaker

[ Fri, Dec 06th 2024 ] - familydestinationsguide

12 Nostalgic Attractions In Wisconsin That Will Take You On A Trip Down Memory Lane

[ Fri, Dec 06th 2024 ] - AM-online

EV sales soar to record high in November, taking 25% market share

[ Fri, Dec 06th 2024 ] - Hartford Courant

Hartford Courant - Your source for Connecticut br .. rts, business, entertainment, weather and traffic

[ Fri, Dec 06th 2024 ] - Market

Automotive systems and accessories

Thu, December 5, 2024

[ Thu, Dec 05th 2024 ] - jdpower

Car Ratings from Drivers Like You

[ Thu, Dec 05th 2024 ] - Yardbarker

Los Angeles Lakers News

[ Thu, Dec 05th 2024 ] - Cars

Plug & Charge Tech Is Coming to Public EV Chargers to Free Us From Apps and Cards

[ Thu, Dec 05th 2024 ] - MSN

UK sets new EV sales record with over 25% of November car registrations electric

[ Thu, Dec 05th 2024 ] - tarmaclife

Toyota's 'mobility for all' vision closer than you think

[ Thu, Dec 05th 2024 ] - The Punch Newspapers

Credicorp, NADDC unveil N20bn fund to boost locally-assembled vehicle ownership

[ Thu, Dec 05th 2024 ] - The Morning Sun

News, sport, celebrities and gossip | The Sun

[ Thu, Dec 05th 2024 ] - Nature

Nanoscience and technology articles from across Nature Portfolio

[ Thu, Dec 05th 2024 ] - HELLO! Magazine

Prince Harry & Meghan

[ Thu, Dec 05th 2024 ] - MSN

The EV charging nightmare could soon be over -uni .. ug-and-Charge protocol due for US rollout in 2025

[ Thu, Dec 05th 2024 ] - Yahoo

US auto brands suffer as influential report hammers reliability of new tech, early adopters

[ Thu, Dec 05th 2024 ] - cbtnews

North American automotive industry faces turmoil amid Trump's tariff threats

[ Thu, Dec 05th 2024 ] - BBC

What it's like to live in the world's most innovative countries

[ Thu, Dec 05th 2024 ] - USA Today

Duggan's independent gubernatorial run is rare and untested. Could it work?

[ Thu, Dec 05th 2024 ] - Airforce Technology

UK, Qatar broaden cooperation on Typhoon and Hawk

[ Thu, Dec 05th 2024 ] - Aaron Neefham

Generative AI Creates Challenges And Opportunities For The Entire Automotive Industry

[ Thu, Dec 05th 2024 ] - Aaron Neefham

Energy News | Top Energy Headlines | Reuters

Wed, December 4, 2024

[ Wed, Dec 04th 2024 ] - Aaron Neefham

The latest news, trends, analysis, interviews and .. dcasts from the global food and beverage industry

[ Wed, Dec 04th 2024 ] - Aaron Neefham

Auto Industry Outlook Amid Stagnant Sales, Climbing Inventories And Potential Trump Reforms

Tue, December 3, 2024

[ Tue, Dec 03rd 2024 ] - Aaron Neefham

30 Under 30 Transportation & Mobility 2025: These Young Founders Are Going Places

[ Tue, Dec 03rd 2024 ] - Aaron Neefham

12 Fascinating Car Museums In Michigan That Will Rev Up Your Excitement

Mon, December 2, 2024

[ Mon, Dec 02nd 2024 ] - Aaron Neefham

Talk it Out NC Guides Families Through Dangers of .. During National Impaired Driving Prevention Month

[ Mon, Dec 02nd 2024 ] - Aaron Neefham

Europe's embattled auto sector plans plant closures and layoffs

Sun, December 1, 2024

[ Sun, Dec 01st 2024 ] - Aaron Neefham

I Used a Self-Driving Taxi for a Week. Things Got Weird.

[ Sun, Dec 01st 2024 ] - Aaron Neefham

Transportation and Parking Services

Sat, November 30, 2024

[ Sat, Nov 30th 2024 ] - Aaron Neefham

Auto industry's shift toward EVs is expected to move forward

[ Sat, Nov 30th 2024 ] - Aaron Neefham

1 lane open on I-95 Southbound in West Haven due to crash

Fri, November 29, 2024

[ Fri, Nov 29th 2024 ] - Aaron Neefham

Automotive News

[ Fri, Nov 29th 2024 ] - Aaron Neefham

GM to take more than $5 billion in charges on China operations

_{//automotive-transportation.news-articles.net/co .. an-5-billion-in-charges-on-china-operations.html}
^{Published in Automotive and Transportation on Thursday, December 5th 2024 at 7:01 GMT by Aaron Neefham}

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

General Motors (GM) announced on December 4, 2024, that it will record charges exceeding $5 billion due to its operations in China, primarily stemming from the devaluation of its equity in its Chinese ventures and the costs associated with restructuring its business in the region. The company expects to take a $3.7 billion charge in the fourth quarter for the revaluation of its equity in its China operations, reflecting the challenging market conditions and increased competition in the world's largest auto market. Additionally, GM will incur about $1.5 billion in charges related to the discontinuation of the production of the Chevrolet Malibu and the closure of its plant in Fairfax, Kansas, as part of its broader strategy to shift focus towards electric vehicles and more profitable segments. These financial adjustments are part of GM's efforts to adapt to the evolving automotive landscape in China and globally.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/gm-take-more-than-5-billion-charges-china-operations-2024-12-04/ ]

Publication Contributing Sources

Aaron Neefham

N@N

GM to take more than $5 billion in charges on China operations