General Motors said it is targeting an investment grade credit rating “within the year” as the US automaker works to distance itself from the stigma of its 2009 bankruptcy.
- Tue
- Jun 18, 2013
- Updated: 1:26pm
Trending topics
GM
General Motors (GM) is a US carmaker that was the world’s biggest, although Toyota is challenging it for the title. It was hard hit by the global financial crisis, needing a government bailout, but emerged from chapter 11 reorganisation in 2009, and held an initial public offering in 2010. It returned to profit in 2011.
General Motors, the biggest foreign automaker by sales in China, aims to boost its exports from the country by nearly 70 per cent this year because of strong demand for its Chinese-developed low-...
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...
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...
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...
An ex-General Motors Co. engineer and her husband were convicted of stealing trade secrets on hybrid-car technology from the automaker to help develop such vehicles in China.
General Motors opened a new, large vehicle test track west of Shanghai on Saturday as part of its push to retain its leading market share in the world’s largest auto market.
People should dispose of papaya seeds properly if they are uncertain about the sources of the plant they are from, organic farmers advise.
They say proper disposal is vital to...
Hong Kong is throwing away its chance to enter the growing mainland market for organic produce by allowing farmers to grow genetically modified papaya from today, local farmers warn.
Genetically modified products are popular in the food industry. Soya beans, potatoes, corns, tomatoes, white radishes - they have all been modified by genetic technology.
A ban on genetically modified crops is finally set to become law amid claims that mainland diners are unwittingly being served up transgenic rice.
The biggest news in the auto industry is Detroit's comeback with a vengeance in 2011. The new GM reclaimed the title of the world's largest carmaker in terms of units sold - over 9million last...
In Case You Missed It
Login
SCMP.com Account
or
Log in using a partner site
Log in using your Facebook account. What's this?
Don't have an SCMP.com account? Subscribe Now!



















