GM CEO reveals how $4.4 billion loss became $116 million profit in China
Key Points
- GM has bounced back in China with $116 million in profits fo...
Remember when GM was hemorrhaging money in China like a leaky bucket? Well, plot twist: they're back in black ink, and it only took a $4.4 billion lesson to get there.
The Detroit giant just posted $116 million in profits from China for the first half of 2025, a remarkable turnaround from last year's spectacular faceplant. Vehicle sales jumped 20% in the second quarter, with SUVs and electric vehicles leading the charge. Not bad for a company that was basically paying Chinese consumers to ignore their cars just 12 months ago.
The Great Chinese Awakening
But before you start doing victor...
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