* Rockefeller wants TARP IG to review decisions * GM/Chrysler end agreements with more than 2,000 dealers * Senate yet to act on legislation to help dealers WASHINGTON, July 24 - Congress turned up the...
Shanghai, July 23 (Gasgoo.com) General Motors and the German government yesterday failed to choose a buyer for GM's German unit Opel, as Germany preferred Canadian auto-parts supplier Magna while GM was in favor of Belgian investor RHJ, not taking the third bidder, China's Beijing Auto, into serious consideration, media reported.
* German govt and states still prefer Magna's bid over RHJ * GM response "guarded" after frank talks, more talks needed * BAIC lagging in the race BERLIN, July 22 - Canada's Magna is still...
Critics are arguing that whether the new GM, which completed exit from bankruptcy protection on July 10 with ambitions of making money and building cars people are eager to buy, have enough new introductions to lure customers.
Shanghai, July 14 (Gasgoo.com) New GM would keep expanding GM business in China, said Kevin Wale, GM China president and managing director, adding that the launch of the new GM will have a positive impact on GM's operations across China, xinhuanet.com reported.
Shanghai, July 13 (Gasgoo.com) General Motors Corp (GM) CEO Fritz Henderson said on July 10 that the company would settle its global operational base in Shanghai, which is second only to the Detroit Headquarter in significance.
General Motors Corp (GM) is settling its global operational base in Shanghai, demonstrating the strong emphasis that GM has placed on the Chinese market, said CEO Fritz Henderson on July 10. The international operation base in Shanghai was set up right after GM's reconstitution, and Nick Reilly, the...
* GM clears hurdle in efforts to buy Delphi with partner * Auction for Delphi scheduled for Friday NEW YORK, July 13 - A U.S. bankruptcy judge gave General Motors Corp permission on Monday to...
By Shi Jierui General Motors Corp (GM) is establishing Shanghai as its new international operations base, and appoints former GM Asia Pacific president Nick Reilly, to be executive vice president of the global operational base, right after GM's restructuring. The new GM has given up all if its pr...
Out of bankruptcy in record time, GM Chief Fritz Henderson vows to pay back U.S. loans sooner than required.