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India EU Free Trade Agreement (FTA): Mercedes Benz, Volkswagen, and BMW as against Maruti Suzuki, Hyundai, and General Motors
General Motors India has now gone vocal in regards to import duty reduction on European cars that would be applicable under the India-EU free trade agreement (FTA) that's yet to be finalized. India and Israel would opt for another 'round of negotiations' by March end before signing the Free Trade Agreement (FTA) that will help register bilateral trade figures of USD 10-15 billion a year between both...
Iraq auto industry booming as far as General Motors is concerned
It was way before the first Gulf War that US car manufacturer General Motors set up a manufacturing unit in Iraq. While the company has been struggling where sales were concerned all these years, the past year has been its reward for the number of years of toil and sweat that they put into production operations in the country.
General Motors company which once trailed behind other auto companies where...
General Motors thinks about Chevrolet Cruze production in Europe
General Motors is contemplating production of Chevrolet Cruze at their plant in Europe. It is likely that Chevrolet Cruze will roll out from the company set up at Opel plant in Poland though other models of Chevrolet which are currently produced at this plant will be moved to other locations in Europe.
This is the first step taken by the company so as to increase profitability as assist its loss making...
General Motors China auto sales during 2011 reach record high
Regardless of a general slowdown being experienced in auto sectors in China as well as around the world, China contributed heavily to General Motors sales during the year 2011. GM sold 2.55 million units during 2011 and recorded an increase of 8% as compared to 2.35 million units sold during 2010.
Mr. Kevin Wale, President of GM in China said that the company was way ahead of the dismal sales picture...
SAAB goes bankrupt despite Chinese company Youngman financial boost bid: General Motors involved
SAAB, the Swedish auto company has reached the end of its tether and declared itself insolvent two mornings ago. This news has appeared in a number of Swedish newspapers and has been confirmed by the local district court in Sweden.
Though Chinese company Youngman tried its level best to pump money into the company to save it from declaring its insolvency and even invested $4.5 million it was unable...
General Motors stall production of Cruze compact sedan following shortage of supplies
Severe shortage of spares has resulted in General Motors Company bringing production of Chevrolet Cruze compact sedan to a stop at its Lordstown plant. The company announced that no more Chevrolet Cruze sedans will roll out from their plant in Lordstown, Ohio till such time as supplies are stabilized.
General Motors Company however did not specify which parts were in short supplies but only said that...
BMW and General Motors to enter into Fuel Cell alliance aimed at sharing fuel cell technology
BMW will be signing an agreement with General Motors which would ensure that BMW would have access to General Motors' fuel cell technology. In exchange, BMW would be supplying research funding to GM. This will ensure overall development for both auto manufacturers. While GM has invested more than $1.6 billion on developing fuel cell technology and is now looking for a partnership to share its future...
General Motors to make alterations to Volt plug in based on cause of fire
Ms. Mary Barra, Senior Vice President of Global Product Development at General Motors said that in all probability the company may take a decision to make some changes to the Chevrolet Volt plug in hybrid lithium ion battery. Reports of three fires that occurred following a spate of tests have got National Highway Traffic Safety Administration out conducting investigations into its causes. The...
General Motors India Halol Plant wins National Safety Award for third consecutive year
The National Safety Awards 2011 has been awarded to General Motors India based on a variety of safety programs and initiatives That GM has implemented at their Halol manufacturing plant. It's their 3rd consecutive win and does uphold General Motors' commitment and implementation of high safety standard in India.
The National Safety Awards is a government initiative that began in 1965 and recognizes...
General Motors aims at 7 to 10 percent growth in Chinese auto market
With China and India emerging as world leaders in the auto markets, General Motors now hopes to see growth between 7-10% in the Chinese auto sector. Daniel Akerson, 61, who assumed office of Chief Executive Officer of General Motors on September 1 said that a 7 to 10% growth in a fast developing country like China was very healthy.
GM market share grew at 50% in 2009 and 30% in 2010 which is not...






















