GM China New Plant - Search News

GM closing plant in China

GM closing plant in China as part of restructuring

General Motors is closing a plant this month in the northeastern Chinese city of Shenyang as part of the U.S. automaker's restructuring in China, according to a company source.

Hosted on MSN · 14h

GM will close a factory in China as part of its restructuring there

GM, which took a $4 billion restructuring charge against its fourth-quarter earnings for China restructuring, will focus on Cadillac and Buick there.

EconoTimes · 1h

General Motors Shuts Down Shenyang Plant Amid China Market Restructuring

General Motors (NYSE:GM) is closing its plant in Shenyang, China, this month as part of a broader restructuring to address declining market share. The plant, which produces Buick GL8 minivans and Chevrolet Tracker SUVs,

Business Insider · 14h

GM shutters China factory amid restructuring, Reuters reports

General Motors (GM) is shuttering a factory this month in the northeastern Chinese city of Shenyang as part of the company’s restructuring in

GM Authority10d

GM Expects Return To Profitability In China In 2025

GM is aiming to restore its profitability in the Chinese market in 2025 after facing three consecutive quarters of losses and ...

Nasdaq1mon

General Motors' China Q4 Sales Rise 41% Q/Q on Strong NEV Deliveries

The joint ventures demonstrated strong performance in the new ... plant closures and portfolio adjustments. While these expenses will impact GM’s fourth-quarter profits, the automaker expects ...

Kokomo Tribune17d

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 ...

Detroit News18d

China restructuring hits GM 2024 profits, which beat Wall Street expectations

Without the charges in China, adjusted operating ... $11 billion will focus on battery plant construction, joint-venture investments and vehicle programs. GM expects to pay off or refinance ...

Wall Street Journal18d

GM’s China Moves Hit Bottom Line

General Motors’GM1.87%increase; green up pointing triangle restructuring of its struggling China operations and its decision to abandon its robotaxi ambitions led the automaker to report a $2.9 ...

Detroit Free Press1mon

GM inks multibillion-dollar deal for synthetic battery materials that would bypass China

“What General Motors wants and we want is a resilient supply chain for North America.” In its first planned phase, the plant — which ... shipping those to China for processing, and then ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results