2 weeks General Motors is taking a $5 billion-plus hit on its operations in China Business Insider
GM said it would write down the value of its joint venture with China’s SAIC Motors by as much as $2.9 billion and incur restructuring charges.
XGM said it would write down the value of its joint venture with China’s SAIC Motors by as much as $2.9 billion and incur restructuring charges.
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