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>> GENERAL MOTORS Latest News

2 HOURS AGO - TheStreet

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GM Spending $5 Billion to Redesign Vehicles for Emerging Markets

NEW YORK (TheStreet) -- General Motors will help its Chinese partner, SAIC Motor, become a bigger player on the world stage while revamping its Chevrolet line for non-U.S. customers by investing $5 billion to jointly develop cars for emerging markets such as Brazil, India and Mexico.  GM said the investment will be spread over the next several years to design and ...

Tags: GM Spending $5 Billion to Redesign Vehicles for Emerging Markets,  General Motors Latest News

4 HOURS AGO - Yahoo! News

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GM to invest $1 billion in India to boost exports

General Motors Co said on Wednesday it will invest $1 billion over the next few years to turn India into a global export hub, even as it cuts production capacity in the country due to sluggish demand. The Detroit carmaker, which has the capacity to produce more than 280,000 cars a year in India, will reduce this to 220,000 a ...

Tags: GM to invest $1 billion in India to boost exports,  General Motors Latest News

6 HOURS AGO - Zero Hedge

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Frontrunning: July 29

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7 HOURS AGO - Associated Press

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China auto sales slump hits industry fortunes

BEIJING (AP) — General Motors Co.'s $5 billion initiative to create cars for China and other emerging markets comes just as automakers face a collapse in the booming Chinese demand they were counting on to power their growth.

Tags: China auto sales slump hits industry fortunes,  General Motors Latest News

8 HOURS AGO - Business Insider

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GM to invest $1 billion in India, double market share by 2020

NEW DELHI (Reuters) - General Motors Co will invest $1 billion in the next few years to turn operations in India into a new global auto manufacturing and export hub aimed at boosting sales in fast-growing emerging markets, top executives said on Wednesday.The investment is part of GM's plan to invest $5 billion over several years to develop a global ...

Tags: GM to invest $1 billion in India, double market share by 2020,  General Motors Latest News