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G.M.’s Ailing China Business Will Deal It a $5 Billion Blow

4 December 2024 at 12:22
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.

Β© Qilai Shen for The New York Times

A General Motors booth at Shanghai’s auto show. G.M.’s joint venture in China was created in 1997 and made considerable profits for many years.

G.M.’s Ailing China Business Will Deal It a $5 Billion Blow

4 December 2024 at 12:22
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.

Β© Qilai Shen for The New York Times

A General Motors booth at Shanghai’s auto show. G.M.’s joint venture in China was created in 1997 and made considerable profits for many years.
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