General Motors GM-2.51%decrease; red down pointing triangle said it expects to incur more than $5 billion in impairment charges and writedowns in the fourth quarter related to its joint venture ...

General Motors Co.’s stock slid Wednesday as the auto giant’s joint-venture in China booked more than $5 billion in impairment charges and write-downs in the face of competitive price wars in ...

Microsoft 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 ...

Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the development of Cruise autonomous vehicles. The tech giant and others like Honda and ...

In a regulatory filing, GM stated: “General Motors (GM) Company owns an equity ... of SGM’s restructuring plan, which include impairment charges to be recognized by the China JVs related ...

Dec 11 (Reuters) - Microsoft (MSFT.O), opens new tab expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' (GM.N), opens new ...

General Motors ... a temporary impairment of its equity interest in the China JVs in the range of $2.6B–2.9B in the three months ending December 31, 2024 The majority of these charges will ...