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  • May 22, 2013
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  1. Business - Companies

    GM profit roars ahead

    Posted May 03rd 2013, 01:01pm by Reuters

    ... is expected “to build” this year on last year’s profit. GM shares rose 3.6 per cent to US$31.27, near their initial public offering debut of US$33 in the fall of 2010, and hit the highest point since ...

    http://www.scmp.com/business/companies/article/1229088/gm-profit-roars-ahead
  2. Business - Companies

    US stake sale of GM to revive image

    Posted Jan 14th 2013, 11:25am

    ... Business Companies Automotive GM Reuters in Detroit The sale of the US Treasury’s stake in General Motors and a possible credit rating upgrade of the US automaker this year will help distance the company from the stigma of its 2009 bankruptcy restructuring. “We lose the stigma of ’Government Motors’,” GM Treasurer James Davlin said on Sunday during a speech at a conference ...

    http://www.scmp.com/business/companies/article/1127736/us-stake-sale-gm-revive-image
  3. Business - China Business - AUTOS

    GM opens Shanghai test track in bid to remain market leader

    Posted Sep 23rd 2012, 02:43pm by Reuters in Detroit

    ... market share in the world’s largest auto market. The No 1 US automaker and its joint venture partners, including SAIC Motor, invested about US$252.5 million to build what GM China president ...

    http://www.scmp.com/business/china-business/article/1044497/gm-opens-shanghai-test-track-bid-remain-market-leader
  4. Business - Companies

    GM says China approves new Cadillac factory

    Posted May 08th 2013, 02:55pm by AP

    ... Business Companies GM Cadillac China Associated Press in Beijing General Motors said on Wednesday its main Chinese joint venture has received government approval to build a Cadillac factory as part of GM’s efforts to expand its share of China’s luxury auto market. Plans call for the 8 billion yuan (HK$10.0 billion) factory in Shanghai to begin production in 2015 ...

    http://www.scmp.com/business/companies/article/1232963/gm-says-china-approves-new-cadillac-factory
  5. Business

    Ex-GM engineer, husband convicted of trade secrets theft

    Posted Dec 01st 2012, 03:03pm by Bloomberg in Michigan

    ... in China. A federal court jury in Detroit reached the guilty verdicts yesterday after a trial that started Nov. 5. Jurors began deliberating Nov. 29. The US claimed Shanshan Du, the ex-GM employee, ...

    http://www.scmp.com/business/article/1094967/ex-gm-engineer-husband-convicted-jury-trade-secrets-theft
  6. Former GM engineer sentenced in trade theft case

    Posted May 02nd 2013, 06:19pm by AP

    ... within GM to get access to hybrid technology and said she began copying documents by the end of 2003. She copied thousands of records in 2005, five days after getting a severance offer from ...

    http://www.scmp.com/article/1228494/former-gm-engineer-sentenced-trade-theft-case
  7. Business - Companies

    Wal-Mart Stores takes back top spot in Fortune 500

    Posted May 07th 2013, 08:21am by AP

    ... Business Companies Fortune Wal-Mart GM Ford Motor Apple GE Associated Press in New York Wal-Mart Stores is once again leading Fortune’s list of the 500 biggest US companies by revenue, as the world’s biggest retailer succeeded in posting strong growth despite a challenging economy for its shoppers. The company posted revenue of US$469.2 billion (HK$3.58 trillion) for last year. Exxon ...

    http://www.scmp.com/business/companies/article/1232041/wal-mart-stores-takes-back-top-spot-fortune-500
  8. Business - Economy

    US auto sales growth slows in April; Detroit gains ground

    Posted May 02nd 2013, 02:03pm by Reuters

    ... Kurt McNeil, GM’s chief of US sales. “In our case, we’re trying to just continue obviously to remain competitive and disciplined.” Since the downturn of the auto industry in 2008 and 2009 which ...

    http://www.scmp.com/business/economy/article/1228336/us-auto-sales-growth-slows-april-detroit-gains-ground
  9. Beware the source of seeds, farmers advise

    Posted Jun 23rd 2012, 12:00am

    ... more GM papayas unknowingly,' Fan Ling grower Augustine Lo Yat-man said. Contamination occurs when the pollen of a male GM papaya is carried to the flower of a female non-GM plant ...

    http://www.scmp.com/article/1004735/beware-source-seeds-farmers-advise
  10. Business - Money

    China passenger vehicle sales rise 8.75pc in November

    Posted Dec 10th 2012, 02:55pm by Bloomberg

    ... Business Money Market Snapshot Automotive China Economy BMW Daimler Nissan Honda Toyota Ford GM Bloomberg in Shanghai and Beijing Chinese monthly passenger-vehicle sales rose to the highest in almost two years, beating analyst estimates, as consumer confidence improved with the economy and dealerships increased discounts to reduce stockpiles. Wholesale deliveries, including ...

    http://www.scmp.com/business/money/market-snapshot/article/1102151/china-passenger-vehicle-sales-rise-875pc-november

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