GM Faces $5 Billion Writedown in China, Ends Cruise Operations

General Motors faces a $5 billion writedown in its China business and winds down its autonomous Cruise division. Explore the financial implications.

A striking image of GM's logo against a backdrop of a dimmed Chinese skyline, symbolizing financial
GM Faces $5 Billion Writedown in China, Ends Cruise Operations

GM took a $5 billion writedown in its China business and wound down its autonomous Cruise business.

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