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General Motors

This tag is associated with 5 posts

Donald Trump scolds General Motors for moving plants to China after bailout


President Donald Trump scolded General Motors on Friday for shifting car production to China, despite getting a taxpayer bailout. “They moved major plants to China, BEFORE I CAME INTO OFFICE,” Trump wrote on Twitter. “This was done despite the saving help given them by the USA. Now they should start moving back to America again?” … Continue reading

US presses China to stop stealing trade secrets


The U.S. Trade Representative’s office criticised China on Wednesday for failing to stop the growing theft of American trade secrets that are the lifeblood of U.S. economic might, in the latest sign of Washington’s frustration with the problem. “Not only are repeated thefts occurring inside China, but also outside of China for the benefit of … Continue reading

GM to boost Cadillac showrooms in China by 25% to challenge Audi


General Motors, 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. The Detroit-based company will add about 40 dealers for its upscale Cadillac brand next year, up from about 160 currently, Bob Socia, GM’s … Continue reading

March 29 2009 General Motors CEO Ousted By White House


On March 29, 2009, US President Obama and his administration requested and received the resignation of Rick Wagoner, the chairman and chief executive of troubled auto giant General Motors (GM). Wagoner spent more than 8 years in the top job at GM, during which the company lost billions of dollars. In 2008, GM was surpassed … Continue reading

General Motors May Axe Holden Ute Import (2009)


The savaged local car industry has received another blow with General Motors in Detroit axing plans to import an Aussie-built Holden ute. GM Holden’s Elizabeth plant was due to start gearing up to build the Commodore-derived Pontiac G8 ST ute within months, with shipments due to start at the end of the year. With projected … Continue reading

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