General Motors Corp is planning to export Chinese-made vehicles to the United States as part of its restructuring plan to improve cost efficiency, sources said yesterday.
A GM spokesman from China declined to comment after media reports said the struggling car maker would begin selling Chinese-made vehicles to the US by 2011 and up to 50,000 [...]
General Motors Corp, which is struggling to avoid bankruptcy in the United States, has said first-quarter sales in its Chinese passenger car venture slid 9 percent from a year earlier amid weak market demand.
Sales of Shanghai General Motors Co, GM’s venture with Shanghai Automotive Industry Corp, dropped to 117,000 units for the first three months [...]
General Motors Corp posted its first year-on-year sales decline for its Chinese passenger vehicle venture last year, as new models failed to appeal to Chinese consumers.
Sales at Shanghai General Motors Co, GM’s venture with Shanghai Automotive Industry Corp, dropped 8.3 percent to 458,642 units last year from 2007, the car maker said in a statement [...]
Global automakers may be hurting from a worldwide slump in sales but in China, they see a bright beacon of hope.
Tags: AUDI, Buick, car, car-maker, China Auto, Chrysler, Ford, GM, Volkswagen, Volvo
Shanghai FM is set to launch a new version of its self-developed brand the Buick Regal later this year. Along with the newly rolled-out Buick LaCross, the new Regal is expected to capture large market share in China’s mid-class auto market.
The launch of the Buick Regal in 2002 is seen as a landmark event on [...]
Shanghai GM, a joint venture between General Motors and Shanghai Automotive Industry Corporation (SAIC), has halted production of Buick Regal because of sluggish sales.
Sales figure from China Passenger Car Association shows that only 3,791 Buick Regal cars were sold in the first half, down 55 percent from the same period last year. For the month [...]
