General Motors Corp., burning cash as U.S. sales slide, is being pushed closer to bankruptcy as it waits to learn whether the auto industry will win a new round of government loans.
* Toyota says to recall some 3.8 mln vehicles in U.S. * Toyota, Lexus drivers urged to remove floormats * Automaker says risk loose floormats can trap accelerator * Recall will be largest ever for...
Shanghai, September 17 (Gasgoo.com) China's largest automaker SAIC Motor is expected to support its U.S. partner General Motors' initial public offering (IPO) plan in 2010 by injecting as much as one billion yuan ($147 million) into the GM IPO, Time Weekly reported today, citing sources familiar with the matter.
WASHINGTON/DETROIT, May 27 - General Motors Corp on Wednesday prepared to face the fallout from a failed debt exchange that sends the largest U.S. automaker closer to a bankruptcy filing expected by the end of...
BYD Co<1211>, China's largest rechargeable batteries maker as well as automobile producer, is in talks with U.S. and European automakers to supply powertrain systems to them, China Daily reported on Monday, citing a senior company executive as saying.The supply deal also includes batteries, said Henry...
BYD Co<1211>, China's largest rechargeable batteries maker as well as automobile producer, is in battery supply talks with several automakers from Europe and the U.S., sources reported, citing Chairman Wang Chuanfu as saying.Wang revealed that the company may sign contracts with one U.S. automaker...
Ford Motor Co, the world's fourth largest automaker, expects its car sales in China to post a double-digit growth this year as the government aims to boost the auto sector, sources reported. The U.S. automaker said it has confidence in the Chinese market and expects its car sale in China to grow 10% this year...
Ford Motor Co, the world's fourth largest automaker, expects its car sales in China to post a double-digit growth this year as the government aims to boost the auto sector, sources reported. The U.S. automaker said it has confidence in the Chinese market and expects its car sale in China to grow 10% this year...
Dec. 3, 2008 (China Knowledge) - General Motors Corp (GM), the largest automaker in the U.S., will continue its stable investment in China, the second largest auto market in the world, though it is under...
Nov. 17, 2008 (China Knowledge) - U.S.-headquartered General Motors Corp (GM), the world's largest automaker, plans to introduce 10 new models to manufacture and sell in China over the next three years, sources reported, citing...