Tag: General Motors
The U.S. car sales in May rise above expectations
The major automakers said Monday of increased sales in the United States in May, above expectations, driven by the performance of Chrysler and Ford (NYSE: F ) and especially strong demand for heavy vehicles. Sales of the main U.S. manufacturer General Motors (NYSE: GM) (GM), up 3.1% compared with the same period last year, to [...]
General Motors To Increase Its Production In Lower Cost Countries
The consortium General Motors plans to increase its production capacity in low-cost countries like Mexico, Brazil, Poland, Russia, China and India, reports the German weekly “Der Spiegel”. According to that environment, the group’s management wants to move to these regions up to 80% of the additional demand generated by increased sales of the consortium. An [...]
