Chinese Partner Strongly Hints At GM Investment
The chairman of China's giant automaker SAIC is dropping broad hints the company will be investing in the upcoming GM IPO. Will that provoke a backlash or a sigh of relief by American taxpayers?
View ArticleGM China Sales Top 2 Million
For the 2nd year in a row, GM sales in China have topped 2 million - and at a faster pace than last year despite the Chinese market's economic slowdown. As TheDetroitBureau.com reports, GM is expected...
View ArticleGM Sets Another Sales Record in China
What slowdown? Even as some of its competitors start to slip, General Motors continues to gain ground in China, the world's largest automotive market, setting new records for both March and the full...
View ArticleChinese Car Sales Rebound – But Prices Plunge
It’s the Chinese take on the old good-news/bad-news phenomenon: Chinese car sales rebounded sharply in May after a worrying slowdown earlier in the year. But to help build momentum, dealers have been...
View ArticleGM China Chief Kevin Wale Stepping Down
GM's long-time China chief, Kevin Wale, is retiring. Under Wale, the maker's Chinese sales nearly quintupled to 2.5 mil annually - but his departure comes at an awkward time, as the Chinese market...
View ArticleWhile Detroit Gains Ground, Japanese Makers Stumble in China
General Motors and Ford Motor Co. have ended 2012 with all-time sales records in China -- but the news is nowhere near as good for Japanese makers who ended the year with a sharp decline as a result of...
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