SEOUL, Oct 16 - State-run Korea Development Bank (KDB) said it would call back 125.8 billion won ($108.7 million) worth of maturing loans on Friday from GM Daewoo, a unit of General Motors Co [GM.UL]....
* No details yet on GM Daewoo rights offer * GM had 'very positive' talks with KDB, unit's main creditor * GM CEO meets South Korean President Lee (Adds analyst comment, background) INCHEON, South Korea,...
GM announced at a dealer business meeting October 14 that the Regal will be Buick's next mid-size sport sedan, according to a statement on its web site. "The transformation of Buick began with our luxury crossover, the Buick Enclave, and continued this year with the launch of the 2010 LaCrosse pr...
Shanghai, October 14 (Gasgoo.com) General Motors Co's China president said on Wednesday he expects GM sales in Chinese market to continue to grow next year no matter whether the Chinese government will keep stimulus meaures.
* GM reiterates plans to join in any GM Daewoo rights offer * GM had very positive talks with KDB, unit's main creditor * GM, KDB in talks for additional support for GM Daewoo (Adds...
* GM seeks 1 trillion won of loans for Daewoo Korea unit * Unit crucial for GM's small car design and engineering DETROIT/SEOUL, Oct 14 - Three months out of bankruptcy and a month after...
General Motors aims to grow faster than China's auto market in 2010, its China chief said Wednesday, after outperforming China's overall market in the first three quarters. GM sold 55.6 percent more vehicles in China from January to September, leading a 34.24 gain in the overall market. "Next yea...
SHANGHAI, Oct 14 - General Motors Co [GM.UL] aims to grow faster than China's auto market in 2010, its China chief said on Wednesday. "Next year we will again try to grow a little faster...
* GM says retooled Flint engine plant ready by late 2010 * GM investing $230 mln to support Volt, Cruze models FLINT, Mich., Oct 13 - General Motors Co [GM.UL] said on Tuesday it would...
U.S.-based auto giant General Motors Corp signed a definitive agreement on Friday to sell its Hummer brand to China's heavy machinery equipment maker Sichuan Tengzhong Heavy Industrial Machinery Co Ltd, the official Xinhua News Agency reported.Under the terms of the agreement, GM will sell the...