Japan-based Toyota Motor plans to slash its global production capacity by up to 10 percent from early 2010 until late 2011 to cope with weak sales, but regions such as China are not included in the cuts. The company will shut down a factory named Nummi, a joint venture with General Motors Corp., ...
Volkswagen AG, world's third-largest auto maker, yesterday launched a new mid- to high-end Skoda sedan, in the Chinese market as part of its plan to tap the fast-growing Skoda brand to boost sales and to compete better against General Motors Corp and Toyota Motor Corp, the Shanghai Daily reported.The...
Shanghai Telecom, the Shanghai subsidiary of China Telecom Corp Ltd<0728><CHA>, has teamed up with General Motors Corp to build automobiles equipped with EVDO-based information service systems, sources reported.The first ones, which will be Cadillacs, will be ready in September, said Chen Xiaoqin,...
TOKYO, Aug 17 - Toyota Motor Corp is looking to end production at a joint venture factory in California that it had held with General Motors in March 2010, Japan's Asahi Shimbun reported on its...
General Motors Corp Thursday said its minivan joint venture in China, SAIC-GM-Wuling Co Ltd, has signed a framework agreement with GM's former Latin American, African and Middle Eastern operations to export locally-manufactured Wuling vehicles under the Chevrolet brand to these emerging markets, sources...
It has been almost three months since General Motors Corp announced to sell its Opel unit but a decision on which bidder will succeed is yet to be made.
General Motors Corp expects its China sales to hit 1.4 million units in 2009 compared to 1.1 million units in 2008, a senior executive said, sources reported.GM's vehicle sales in China jumped 77.7% from a year earlier to 144,593 units in July, hitting a monthly sales record, and grew 42.8% to 959,035 units in the first...
WASHINGTON, Aug 5 (Reuters) - Companies working with Ford Motor Co (F.N), Chrysler Group and General Motors Corp [GM.UL] received more than $600 million on Wednesday to further development of batteries ...
TOKYO, July 23 - Toyota Motor Corp will start talks to pull out of a California-based joint venture with General Motors Corp, an executive at Toyota said on Thursday. Toyota said earlier this month it...
* US to continue monitoring supplier sector * Task force ends warranty program for GM/Chrysler (Adds testimony at hearing) WASHINGTON, July 21 - The bankruptcy restructurings of General Motors Corp and Chrysler LLC have improved...