Kevin Wale News
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General Motors Co., the largest foreign automaker in China, will increase the number of Cadillac dealerships in the country by about 25 percent as it competes against German luxury automakers led by Volkswagen AG’s Audi.
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General Motors Co. named Grace Lieblein, head of the automaker’s Brazil operations, as its new global purchasing and supply chain vice president.
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General Motors Co., which counts China as its biggest market by volume, said its sales in the world’s largest auto market may see a lift next year from gains in commercial vehicle deliveries and demand for passenger cars.
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General Motors Co., the biggest U.S. automaker, expects its sales in China to rise by as much as 15 percent next year as demand for vehicles gains in the world’s fastest-growing major economy.
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General Motors Co., the world’s biggest automaker, said China’s auto industry is poised to rebound from its worst four-month slump in 14 years as consumers return to car dealerships during the second half.
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General Motors Co. , the largest overseas carmaker in China, has failed to replicate that success in India. To crack the market, the Detroit-based carmaker is enlisting its partner in China, SAIC Motor Corp.
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General Motors Co. will introduce its Chevrolet Volt plug-in hybrid car in China at an auto show on Nov. 21, and dealers will begin taking orders for the model “shortly,” the automaker said.
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General Motors Co. and Ford Motor Co. reported gains in sales in the world’s largest auto market last month as Chinese consumers shunned Japanese brands amid a territorial dispute between the two countries.
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General Motors Co. said slowing growth in China won’t prompt the company, the largest overseas automaker in the nation, to revise its 2010 sales forecast.
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General Motors Co. , Geely Automobile Holdings Ltd. and BYD Co. said growing demand for cars in China will outweigh the impact from the end of tax incentives that boosted sales.
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