On December 2, 2024, General Motors' Audit Committee concluded a material impairment of its interest in SAIC General Motors Corporation Limited (SGM) was necessary. This decision follows a new business forecast and restructuring actions by SGM to address market challenges in China. The company expects to record an impairment of $2.6–2.9 billion in Q4 2024, alongside additional equity losses of approximately $2.7 billion due to SGM's restructuring plan. These charges, related to plant closures and portfolio optimization, are non-cash and will be treated as special for EBIT-adjusted purposes. This announcement includes forward-looking statements, highlighting potential risks and uncertainties that could impact future financial results.

On December 2, 2024, General Motors' Audit Committee concluded a material impairment of its interest in SAIC General Motors Corporation Limited (SGM) was necessary. This decision follows a new business forecast and restructuring actions by SGM to address market challenges in China. The company expects to record an impairment of $2.6–2.9 billion in Q4 2024, alongside additional equity losses of approximately $2.7 billion due to SGM's restructuring plan. These charges, related to plant closures and portfolio optimization, are non-cash and will be treated as special for EBIT-adjusted purposes. This announcement includes forward-looking statements, highlighting potential risks and uncertainties that could impact future financial results.