Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



General Motors Company GM Takes $5 Billion Charge Due to Losses in China

December 11, 2024
General Motors Company (GM) is facing challenges in China, leading to a $5 billion charge against its earnings. The company has warned Wall Street about this significant hit it expects to take from losses in the Chinese market. The losses have prompted GM to cut the value of its assets in China and make adjustments to its joint ventures. As a result, General Motors is attracting investor attention, and experts recommend seeking professional advice, such as Stocks Prognosis, for an accurate forecast of the company's stock movement.

Find out how the GENERAL MOTORS COMPANY rate is expected to change

Get Forecast for GM

Investor opinions & comments:

How can we be sure that seeking professional advice will guarantee an accurate forecast? I think it's always wise to do your own research and analysis
— from GraceStewart at 12-14-2024 10:14
I'm confident that GM will find a way to bounce back from this. They've been in the game for a long time and have a strong track record
— from InvestorImogen at 12-14-2024 05:35
I've been following GM's performance in China for a while now, so this news is definitely concerning. I'm eager to see how they plan to recover from these losses
— from PennyPaul at 12-13-2024 04:59
GM has faced obstacles before and managed to come out on top. I'm optimistic that they will find a solution to their issues in China
— from CashCasey at 12-12-2024 21:29
I'm really curious to see how this will impact GM's stock prices. It might be a good time to invest or sell depending on the forecast
— from OliviaJackson at 12-12-2024 20:26
I'm a bit skeptical about the accuracy of forecasts. The stock market can be so unpredictable, especially in a situation like this
— from FinanceLisa at 12-12-2024 17:22
Although GM is facing challenges in China, I believe they have the resources and expertise to overcome this setback
— from SavingsSandy at 12-12-2024 01:09
I wonder what specific challenges GM is facing in China. It's such a huge market, so any issues there could have a major impact on the company
— from BrittanyClark at 12-11-2024 20:50
It seems like GM is experiencing a lot of setbacks lately. I'm not sure if I would trust any professional advice on their stock movements
— from JessicaHall at 12-11-2024 10:10
If you want to leave a comment, then you need Login or Register





Other news for GM

GMApril 8, 2025GENERAL MOTORS COMPANY: QuantWave Hits Target with a 19.22% Profit Achievement  ~1 min.

On March 25th, 2025, QuantWave, the automated forecasting platform, issued a short signal for GENERAL MOTORS COMPANY with a price of $52.59....

GMApril 8, 2025GENERAL MOTORS COMPANY Hits QuantWave's Price Target Forecast with 19.22% Profit  ~1 min.

On 2025-03-25, QuantWave, the automated forecasting platform, issued a signal for GENERAL MOTORS COMPANY with a price target forecast....

GMApril 7, 2025GENERAL MOTORS COMPANY Stock Hits QuantWave Forecast Target with 19.02% Profit  ~1 min.

On January 21, 2025, QuantWave's automated forecasting platform issued a short signal for GENERAL MOTORS COMPANY stock at a price of 53.75 $....

GMApril 4, 2025GENERAL MOTORS COMPANY Hits Price Target Forecast, Yielding 17.81% Profit  ~2 min.

On April 4, 2025, GENERAL MOTORS COMPANY (GM) made a significant move in the market, reaching the price target forecasted by QuantWave on January 21, 2025....

GMMarch 22, 2025General Motors Company GM: Trump's Tariffs Bad News for GM  ~2 min.

General Motors Company (GM) has been hit hard by President Trump's tariffs, causing concern among investors....



Related news

EXPEJanuary 1, 2025Expedia Group's Stock Continues to Outperform the Market Amidst Strong Recommendations  ~1 min.

Expedia Group Inc. (NASDAQ:EXPE) has been receiving positive recommendations from experts, making it an attractive option for investors....

MOSJanuary 26, 2025Heres Why You Should Add Mosaic Stock to Your Portfolio  ~1 min.

The Mosaic Company (NYSE: MOS) has been gaining attention from investors who believe the stock is currently undervalued....

AWKJanuary 25, 2025Water Utility company AWK receives "Hold" recommendation from brokerages  ~1 min.

American Water Works Company Inc. (AWK), a leading water utility company, has recently received a consensus recommendation of "Hold" from various brokerages....

ATODecember 18, 2024Atmos Energy Co. NYSE:ATO Receives Consensus Recommendation of Moderate Buy from Analysts  ~1 min.

According to reports, Atmos Energy Corporation (NYSE:ATO) has received a consensus recommendation of "Moderate Buy" from analysts....

EXPEDecember 30, 2024Expedia Group Inc. Receives Consensus Recommendation of Hold from Analysts  ~1 min.

Expedia Group Inc. (NASDAQ:EXPE) has been given a consensus recommendation of Hold by analysts....