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Microsoft to Incur $800 Million Charge Tied to Cruise RobotaxiMicrosoft will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program. The tech giant expects to incur the charge ...
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Hosted on MSNGeneral Motors Q4 loss hits $2.96bn due to China chargesGeneral Motors (GM) has reported a loss of $2.96bn in the fourth quarter of 2024, a downturn from a profit of $2.1bn in the ...
Fourth-quarter net income of General Motors dropped by over $5 billion due to special charges. This included $4 billion in non-cash restructuring charges and impairment of China joint ventures.
The loss was due to $4 billion charges of non-cash restructuring charges and impairment in China Joint Ventures and ... decisions by visiting GuruFocus now and deep dive into General Motors' ...
The automotive giant's net income was impacted by over $5bn in special charges, primarily stemming from non-cash restructuring charges and impairment ... General Motors said it would incur a ...
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