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GM may mortgage China assets to keep Opel

General Motors is planning to retain its Opel and Vauxhall operations in Europe and may mortgage its assets in China to raise money, Reuters reports Tuesday, citing sources with knowledge of the deliberations.

Aug. 25 , 2009
GM almost succeed in retaining Opel brandAug. 25 , 2009
Dongfeng Group H1 profit up 5% on gov't stimulusAug. 25 , 2009
China carmakers to tie up for electric vehicle R&D
Daimler seeks to avoid Chrysler legal costs
Mitsubishi Motors shuts Venezuela auto plant
Geely rolling out Emgrand EC7 model today

Geely Holding Group Co will hold be rolling out the first model of its Emgrand EC7 series today, gasgoo.com said. The "luxury, steady, dynamic" Emgrand represents Geely's ambition of creating a new era.

Aug. 25 , 2009
Geely plans to build Taiwan JV with Yulon MotorAug. 25 , 2009
Toyota output may exceed year-earlier level by NovAug. 25 , 2009
Workers push GM to sell Opel to Canada's Magna
Tengzhong waiting for gov't nod on Hummer
Tengzhong clears another obstacle to buy Hummer
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