General Motors and its joint ventures posted sales in China of 196,004 units last month, the company said. Though the tally was a record for the month, it was down on April sales up 41.1% year on year to a record 213,115 vehicles.
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Most of General Motors Co.'s 17 percent sales increase this month was in fleet sales. Sales to individual customers only increased 7 percent, while fleet sales increased 38 percent.
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General Motors has said it was repaying early half of a loan of US$63m from the Argentine government provided when it went into bankruptcy last year.
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General Motors said it remained confident it would secure up to EUR1.5bn (US$1.8bn) in German loan guarantees for its Opel restructuring despite widespread reports the government was becoming more reluctant to grant the request.
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General Motors is to invest an additional US$384.62m to modernise and boost production at its Caetano do Sul plant in Sao Paulo state, Brazil.
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General Motors is to invest an additional US$384.62m to modernise and boost production at its Caetano do Sul plant in Sao Paulo state, Brazil.
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Auto suppliers signing new contracts with General Motors Co. are seeing a curveball: a contract provision that makes suppliers liable for half of GM's warranty costs.
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General Motors Co. plans to invest $245 million in its powertrain plant in St. Catharines, Ontario, to build a new six-speed transmission with better fuel efficiency.
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In News Brake: We take another look at significant crashes at the Indy 500 and Turkish Grand Prix, Mercury products will likely melt away, and another look at the General Motors bankruptcy with the benefit of hindsight . . . But Wait, There's More!
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General Motors of Canada president and managing director, Kevin Williams, on Tuesday announced a new C$245m investment for the St Catharines, Ontario, powertrain facility, which will be expanded to produce fuel-efficient six-speed transmissions beginning in early 2012.
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Spyker Cars has finalised the purchase of Saab GB with the British operation now beginning what the company refers to as a 'carve out' procedure from former parent General Motors in the UK.
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Germany is likely to make a final decision on whether to grant state aid to General Motors Co.'s Opel/Vauxhall unit at the end of this week or the start of next week, German Economy Minister Rainer Bruederle said.
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Germany is likely to make a final decision on whether to grant state aid to General Motors Co.'s Opel/Vauxhall unit at the end of this week or the start of next week, German Economy Minister Rainer Bruederle said.
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General Motors of Canada president and managing director, Kevin Williams, announced today a $245 million investment for the St. Catharines powertrain facility to expand production capacity for a new six-speed transmission.
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General Motors Co.'s European Opel-Vauxhall unit signed a restructuring deal today aimed at saving $325 million in annual wage costs.
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When it comes to sorting out the dual challenges of an imploding European market and the post-bankruptcy world at General Motors Co., few executives have had more experience than Nick Reilly.
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New U.S. marketing chief Joel Ewanick is accelerating the churn of advertising messages at General Motors Co. Ewanick has scrapped Chevrolet's weeks-old print advertising tag line, "Excellence for All."
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Chrysler Group and General Motors Co. are getting mixed results from arbitration hearings.
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General Motors Co. and the U.S. Treasury may choose an underwriter as soon as next week for the automaker's initial public offering, two sources told Bloomberg.
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General Motors India has decided to sever its ties with electric car company Reva following Reva's acquisition by Mahindra & Mahindra earlier this week.
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