Articles Tagged with "GM"

GM joint venture fined over price-fixing
GM joint venture fined over price-fixing

SHANGHAI’S pricing regulator has fined SAIC-General Motors 201 million yuan (US$29 million) for monopolistic pricing. The city’s pricing bureau said yesterday that since 2014 the US carmaker’s venture with China’s largest automaker SAIC Motor Corp ha

Dec. 26 , 2016
Increasingly Fierce Champion Competition in China between GM and Volkswagen
Increasingly Fierce Champion Competition in China between GM and Volkswagen

Near the end of the year,sales performances in Chinese market of each auto enterprises make people excited. However, for Volkswagen and GM, the overall performances of the single market in China will also determine the rank.

Dec. 20 , 2016
GM price-fixing probe signals Beijing's ire at Trump
GM price-fixing probe signals Beijing's ire at Trump

BEIJING -- China's plan to punish a U.S. automaker accused of price-fixing is a sign of how Beijing could retaliate if President-elect Donald Trump upends decades of relations between the two nations.

Dec. 20 , 2016
Ballooning inventories will test GM's resolve
Ballooning inventories will test GM's resolve

DETROIT -- The stout sales discipline that's producing huge profits for General Motors has a troublesome side effect: GM's vehicle inventory has ballooned 28 percent since Aug. 1, to the highest level in nearly nine years.

Dec. 12 , 2016
SGMW’s sales tops 1.87m  and Baojun boosts 60%
SGMW’s sales tops 1.87m and Baojun boosts 60%

SGMW has a total sales volume of 1.87m units till November, increasing 4% with the same period of last year. Baojun brand’s total sales volume has a growth of about 60%, leading the growth among all SGMW brands.

Dec. 8 , 2016
SAIC-GM surpasses SAIC Volkswagen in November sales, and sales volume of SAIC Group increases more than 10%
SAIC-GM surpasses SAIC Volkswagen in November sales, and sales volume of SAIC Group increases more than 10%

SAIC Group releases its sales volume data in November. It’s noticeable that SAIC-GM surpasses SAIC Volkswagen, winning a victory.

Dec. 7 , 2016