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GM Sees $5 Billion Hit to Restructure Troubled China Business

General Motors Co. will incur more than $5 billion in charges and writedowns tied to its troubled operations in China as the automaker tries to salvage its once-profitable business in the worlds largest car market.

Posted by Hicham ALAOUI RIZQ on 2024, Dec 04

Introduction

General Motors Co. will incur more than $5 billion in charges and writedowns tied to its troubled operations in China as the automaker tries to salvage its once-profitable business in the worlds largest car market.

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