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 ...

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 ...

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 ...

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 ...

As a result, Microsoft expects to record an impairment charge of approximately $800M in the second quarter of fiscal year 2025. “This charge will be recorded in other income and expense and was ...

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 ...