General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.

General Motors moved to a loss in its fourth quarter, as the automaker dealt with charges tied to its Chinese joint ventures, but its adjusted profit and revenue still soundly beat Wall Street’s expec

General Motors sold vehicles at an average price of $50,000 in 2024. Its revenue surged to $47.7 billion from $42.98 billion