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  1. American Wheels, Chinese Roads: The Story of General Motors in China

    Posted Aug 14th 2011, 12:00am

    ... William Wadsworth American Wheels, Chinese Roads: The Story of General Motors in China by Michael Dunne Wiley General Motors was bailed out by the American government two years ago, yet its China operations are thriving. Last year Detroit's biggest car manufacturer sold 2.35 million vehicles on the mainland (versus 2.21 million in the US) and plans to sell five million ...

  2. Car Guys vs. Bean Counters: The Battle for the Soul of American Business

    Posted Sep 11th 2011, 12:00am

    ... pilot developed his lifelong passion for cars and their publicity at General Motors in Europe, BMW and Ford. As the outspoken president of ailing Chrysler, Lutz wowed critics with the muscular Dodge Viper, and with typical bravado launched the first Jeep Grand Cherokee through a Detroit motor show plate-glass window. Lutz is as punchy in his latest book, Car Guys vs. Bean Counters: ...

  3. Mainland car sales in August remain steady

    Posted Sep 08th 2011, 12:00am

    ... (CPCA) shows. 'Wholesales last month were not bad, and totalled nearly 300,000 units [27 per cent of the total] in the last three days of the month,' association secretary general Rao ... in the year to date have tended to favour foreign-branded cars made by joint ventures, while the sales of home-grown carmaker's products, especially at the low end, have struggled. General ...

  4. At the touch of a button

    Posted Aug 19th 2011, 12:00am

    ... General Motors is thriving on the mainland. Thanks to the popularity of Buick's Excelle saloon, Chevrolet's Cruze and Sail runabouts, and Cadillac's SLS business saloon and SRX luxury utility vehicle, the group last month reported record sales of 1,273,502 vehicles in the first half of this year, up by 5.3 per cent on the same period last year. But the success ...

  5. Ssaab's Chinese rescue in peril

    Posted Jun 24th 2011, 12:00am

    ... a then-bankrupt General Motors in January last year. Recent months have seen Saab scrambling to secure short-term funds and longer-term Chinese investment to help it pay off component suppliers ... of a Euro150 million investment by tiny Beijing-based carmaker Hawtai Motor. But that deal fell through nine days later after failing to secure the necessary approvals. Saab followed up that failure ...

  6. Carmakers upbeat despite slowing sales and state curbs

    Posted Apr 19th 2011, 12:00am

    ... increase in sales and production over the next five years. General Motors yesterday announced plans to double its sales in China by 2015 to five million cars, up from 2.35 million units last year. ... ventures with Fiat and Mitsubishi, would triple production capacity over the same period to about three million units, general manager Zeng Qinghong said. Ambitious new targets by mainland ...

  7. Transport unions want 7pc pay rise

    Posted May 27th 2011, 12:00am

    ... Kin-wa, of the Motor Transport Workers General Union, said the demands had nothing to do with the civil servants' pay rise, just increasing inflation. ... Fanny W. Y. Fung and Martin Wong As Hong Kong's 160,000 civil servants move a step closer to securing a pay rise of between 5.15 and 7.24 per cent, workers at Kowloon Motor Bus ...

  8. Bike electrifies market

    Posted Aug 05th 2011, 12:00am

    ... the marque says. 'However, practical experience has shown that the battery rarely runs out completely, so charging times are generally shorter.' The bike's aluminium battery casing ...

  9. Bus drivers seek 6.5pc pay rise

    Posted Jan 28th 2011, 12:00am by Peter So

    ... Peter So Unions for drivers of the city's three bus companies are demanding a salary increase of between 6.5 per cent and 8 per cent this year. They also have called for the daily pay of casual drivers to rise by HK$40. Chung Kin-wa, of the Motor Transport Workers General Union, said the demands were based on inflation and expected profits. He would not rule out industrial action ...

  10. Great Wall Motor gets approval for IPO

    Posted Aug 04th 2011, 12:00am

    ... Great Wall Motor, China's biggest maker of pickup trucks, received approval from the nation's securities regulator for its plan to sell as much as 10 per cent of its equity in an offering in Shanghai. The Hong Kong-listed company, based in Baoding in Hebei province, plans to issue as many as 304.2 million shares to fund production-expansion plans, according to a prospectus ...




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