GM surpassed Wall Street expectations for fourth-quarter revenue and earnings, reporting adjusted earnings per share of $1.92.

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street. Last month GM cautioned that the poor performance of its Chinese joint ventures would force it to write down assets and take a restructuring charge totaling more than $5 billion in the fourth

US automaker General Motors swung to a loss in the fourth quarter on huge charges related to China. But still it topped profit and revenue expectations on Wall Street. For the three months ended December 31, GM lost $2.96 billion, or $1.64 per share. A year earlier the company earned $2.1 billion, or $1.59 per share.

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