360° Coverage : U.S. selling GM shares on open market

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U.S. selling GM shares on open market

Source: Detroit News Online, Feb 25 2013, 8:24am CST

Washington — The U.S. Treasury has begun selling the remainder of its 19 percent stake in General Motors Co. On Jan. 18, the Treasury filed a written trading plan to sell its remaining 300 million shares of stock ...

Continue reading on: Detroit News Online

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1 hour ago

Car maker GM plans $US11b China investment

Source: Ninemsn | Jun 19 2013, 4:31am CDT

General Motors will invest $US11 billion ($A11.7 billion) in China through 2016, executives say, as the US car giant broke ground on a plant to produce luxury Cadillacs for the world's biggest auto market ...

Continue reading on: Ninemsn More like this

Update

1 hour ago

US auto giant GM plans to invest $11 bn in China

Source: Bangkok Post | Jun 19 2013, 3:49am CDT

General Motors will invest $11 billion in China through 2016, executives said Wednesday, as the US car giant broke ground on a plant to produce luxury Cadillacs for the world's biggest auto market. Gener ...

Continue reading on: Bangkok Post More like this

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Update

2 hours ago

GM breaks ground on China Cadillac plant

Source: ABC-KVUE Austin | Jun 19 2013, 3:01am CDT

SHANGHAI (AP) — General Motors has started work on a new Cadillac factory in China as it targets the lucrative luxury segment in the world's biggest auto market. The automaker said Wednesday it hopes to triple C ...

Continue reading on: ABC-KVUE Austin More like this

Update

2 hours ago

GM says it has no plans to invest more in struggling PSA

Source: Automotive News | Jun 19 2013, 2:54am CDT

SHANGHAI (Reuters) -- General Motors CEO Dan Akerson reiterated that GM has no immediate plans to invest further in its struggling PSA/Peugeot-Citroen. "We don't have any intention of investing additional funds into PSA at this time ...

Continue reading on: Automotive News More like this

Update

5 hours ago

Nissan's price-cutting strategy to gain share worries competitors

Source: Detroit News Online | Jun 19 2013, 12:25am CDT

Nissan Motor Co.s take-no-prisoners approach to gaining U.S. market share has the auto industry worried that a price war is brewing that will erode the profit progress made since the recession ravaged auto sales. After c ...

Continue reading on: Detroit News Online More like this

Update

6 hours ago

Auto giant GM breaks ground on China plant

Source: Ninemsn | Jun 18 2013, 11:34pm CDT

US auto giant General Motors on Wednesday broke ground on a $1.3 billion plant in Shanghai to produce Cadillacs as it seeks a larger share of China's growing market for luxury cars. The plant will have an ...

Continue reading on: Ninemsn More like this

GM aims for 10% of China's luxury car market by 2020

Source: Economic Times | Jun 18 2013, 10:26pm CDT

SHANGHAI: General Motors Co said on Wednesday it aims to quadruple its share of China's luxury auto market to 10 percent by 2020 as the U.S. automaker launches new Cadillac models and expands its distribution network in the world's largest car market. Bo ...

Continue reading on: Economic Times More like this

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14 hours ago

GM Is Making Production Numbers Secret

Source: Wall Street Cheat Sheet | Jun 18 2013, 2:57pm CDT

This month, General Motors (NYSE:GE) informed several automotive research firms that it would no longer publicly disclose its monthly production numbers, concerning industry analysts and economists who gaug ...

Continue reading on: Wall Street Cheat Sheet More like this

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15 hours ago

As Goes GM, So Goes American Axle & Manufacturing

Source: Seeking Alpha | Jun 18 2013, 2:26pm CDT

With General Motors (GM) accounting for about 70 percent of the business of American Axle ...

Continue reading on: Seeking Alpha More like this

Update

16 hours ago

Nissan price cuts boost its U.S. market, threatening Detroit

Source: Daily Breeze | Jun 18 2013, 12:43pm CDT

required government-funded bankruptcies in 2009 and Ford needed a self-financed reorganization. at Nissan, said Jeff Schuster, an analyst with researcher LMC Automotive in Troy. $141 per model above the industry ...

Continue reading on: Daily Breeze More like this

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360° Coverage : U.S. selling GM shares on open market

U.S. selling GM shares on open market

Car maker GM plans $US11b China investment

US auto giant GM plans to invest $11 bn in China

Who is this Celebrity?

GM breaks ground on China Cadillac plant

GM says it has no plans to invest more in struggling PSA

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GM aims for 10% of China's luxury car market by 2020

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360° Coverage : U.S. selling GM shares on open market

U.S. selling GM shares on open market

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