General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue ...
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest ...
Last month the vehicle manufacturing giant warned that the poor performance of its Chinese joint ventures would force it to write down assets.
Tesla said it sold 1.79 million vehicles in 2024, the first drop in more than a dozen years despite offers of 0% financing, ...
China has become an increasingly difficult market for foreign automakers, with BYD and other domestic companies ... A year earlier the company earned $2.1 billion, or $1.59 per share.