Sep. 9, 2008 (China Knowledge) - Great Wall Motor<2333>, China's largest privately owned automotive, truck and specialty vehicle manufacturer, will continue to facilitate its A-share IPO plan, Deputy General Manager Bai Xuefei said on Friday....
Ford Motor Co, the world's fifth-largest auto maker in terms of vehicle sales worldwide, expects to see 50% growth in passenger vehicle sales in China this year, partly because the government encourages the purchase of small vehicles, said Nigel Harris, general manager of sales at Changan Ford Mazda, sources...
General Motors Co. announced in a statement November 24 that the Swedish sports car maker Koenigsegg Group AB has pulled out of deal for GM's Saab Automobile unit. GM said its board plans to determine what to do with Saab next week. "We're obviously very disappointed with the decision to pull out...
Guangzhou Automobile Group Co Ltd, the Chinese partner of Honda Motor and Toyota Motor, will accelerate its group listing plan and kick off a new round of strategic development, Zeng Qinghong, general manger of the company, said on Monday, sources reported.Zeng told media at the Guangzhou...
Shanghai, November 24 (Gasgoo.com) Ford Motor expects sales at its passenger car joint venture in China to rise by nearly 50% this year, boosted by government incentives for purchases of small vehicles, Dow Jones reported yesterday, citing Nigel Harris, general manager of the venture.
DETROIT, Nov 24 - The board of General Motors Co will meet next Tuesday to consider the fate of Saab after a deal to sell the Swedish brand to luxury car firm Koenigsegg collapsed, a...
* Revamp envisions 9,000-9,500 job cuts - GM's Reilly * Germany's Merkel says GM has paid back loan * Reilly says Germany's Bochum plant is safe for now DUESSELDORF/BERLIN, Nov 24 - General Motors has...
* Revamp envisions 9,000-9,500 job cuts - GM's Reilly * Germany's Merkel says GM has paid back loan * Reilly says Germany's Bochum plant is safe for now DUESSELDORF/BERLIN, Nov 24 - General Motors has...
General Motors Co. said its China sales growth will decrease dramatically next year as the incentives brought on by the government will expire by the end of the year. The automaker expects China sales to rise 15 percent in 2010 compared with a 50 percent increase in 2009, Kevin Wale, president of...
* Plan envisions 9,000-9,500 job cuts in Europe - Reilly * German state premier says Bochum plant is safe for now DUESSELDORF, Germany, Nov 24 - General Motors will present labour leaders at European arm...