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General Motors (GM) is expected to take a $5 billion hit in non-cash charges over its joint-venture operation in China with SAIC Motor Corp. (600104.SS).
Yahoo Finance senior autos reporter Pras Subramanian joins Catalysts to explain the situation, GM's losses, and the automaker's write-downs of the venture and restructuring charges.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Luke Carberry Mogan.