DETROIT, July 10 - General Motors Co remains in talks with the Korea Development Bank on providing new financing for GM Daewoo, a critical hub for GM's development and production of fuel-efficient small cars, a...
Shanghai General Motors Co Ltd (Shanghai GM), General Motor Corp's passenger car venture with Shanghai Automotive Industry Corp (SAIC), has raised its full-year sales target for 2009 to 580,000 units from the previous 500,000 units, the Shanghai Securities News reported. The first-half sales results were...
General Motors (GM) China and China-based GM operations will be retained under New GM, according to the company. Potential customers talk with a salesman in a Shanghai GM showroom. China鈥檚 domestic auto prices were steady with a slight increase in June, according to data released by the price m...
Shanghai, July 9 (Gasgoo.com) Shanghai GM, General Motors' passenger car venture in China with SAIC Motor, plans to raise its sales target of this year from 500,000 units to 580,000 units. If the goal is achieved, the company's full-year sales will increase by more than 30% from 2008, said Shanghai Securities News.
General Motors Corp Wednesday said it now expects its sales in China to grow by more than 20% in 2009, an optimistic increase from the projection of 5% to 10% announced in April, said GM China CEO Kevin Wale, Reuters reported. The CEO said in an interview with Reuters that the Chinese automobile...
By Shi Jierui Shanghai GM yesterday said it is raising its sales target in 2009 from 500,000 to 580,000 units, a 30.39 percent increase from a year earlier. In 2008, Shanghai GM, General Motors' passenger car venture in China with SAIC Motor, sold 444,800 units. In the first half of this year, Sh...
Shanghai, July 7 (Gasgoo.com) GM China Group said in a statement on Monday that an U.S. Bankruptcy Judge has approved the sale of GM's assets to a government funded new GM, allowing the company's most profitable assets to exit bankruptcy protection under government ownership.
* No delay to replacement for Saturn Vue plug-in * GM sees future for small all-electric city car * Key to electric vehicles like Volt is lower costs DETROIT, July 6 - General Motors is...
* Bankruptcy sale was only option - judge * GM bondholders', dealers' objections shot down * Sale may close on Thursday, objectors to appeal sale * Ruling marks second victory for Obama's auto task force...
* Bankruptcy sale was only option - judge * GM bondholders', dealers' objections shot down * Sale may close on Thursday, objectors to appeal sale * Ruling marks second victory for Obama's auto task force...