Shanghai, July 3 (Gasgoo.com) China's Ministry of Commerce hasn't received an application from Sichuan Tengzhong Heavy Industrial Machinery Co. regarding its planned purchase of General Motors Corp.'s Hummer division, Vice Commerce Minister Chen Jian said yesterday, media reported.
General Motors Corp (GM) said on Wednesday that sales at Shanghai General Motors Co Ltd (Shanghai GM) jumped 71.5% year on year to 60,356 units in June, sources reported.During the period from January to June, Shanghai GM, the joint venture (JV) between GM and Shanghai Automotive Industry Corp (SAIC),...
* GM seeks court approval for sale * GM lawyer says company losing market share * Dissenting bondholder group asks Judge to block sale NEW YORK, July 2 - General Motors Corp would be forced...
Beijing Automotive Industry Holdings Co Ltd (BAIC), one of China's major auto production bases, is likely to submit a detailed bidding plan to General Motors Corp on the possible acquisition of its Opel unit within the next few days, a person close to the situation said on Wednesday, Dow Jones Newswires reported....
General Motors Corp. (GM) said Wednesday its first-half sales in China rose 38% to a record 814,442 units, underlining the importance of the Chinese auto market to the U.S. car maker as it works to emerge from bankruptcy proceedings at home.
General Motors Corp on Wednesday said its vehicle sales in China, boosted by government stimulus measures, grew 38% year on year to 814,442 units in the first half of this year, Reuters reported.The auto maker said in a statement that sales in the first half hit an all-time high but did not disclose the figures for...
* GM seeks approval for government-backed asset sale * U.S. autos task force member testifies NEW YORK, July 1 - The only viable option to save General Motors Corp is a sale of its main...
DETROIT, June 30 - Bankrupt U.S. automaker General Motors Corp said on Tuesday it would offer zero percent financing for up to 72 months on most of its soon to be discontinued Pontiac brand and...
* GM goes to court for "New GM" sale OK * GM sale hearing in recess to solve technical issues NEW YORK, June 30 - A General Motors Corp bankruptcy court hearing in which the...
NEW YORK, June 29 - General Motors Corp is heading to bankruptcy court on Tuesday to seek approval to sell its assets to a "New GM" in a plan to reinvigorate the automaker under U.S....