The present CEO of General Motors, Edward E. Whitacre said that he will step down as CEO of one of the World’s biggest automakers on September 1, 2010. He will remain as Chairman of the Board till the end of the year. Ed Whitacre leaves the company on a high after reporting two consecutive quarters [...]
Posts Tagged ‘General Motors’
General Motors India’s upcoming engine manufacturing unit in the premises of its Talegon plant will be ready by November. The much anticipated engine unit is GM’s first flexi engine plant that can build both petrol and diesel engines. The first batch of engines will roll out of the plant from the second week of November. [...]
GM India, which is under pressure financially has entered into a joint-venture with China based Shanghai Automotive Industry Corp. The new company, SAIC will be based out of Hong Kong and will focus on business in emerging markets and the Asia-pacific region.
Chevrolet Aveo the hatchback doing moderately well in European market.But it’s Indian avatar Chevrolet Aveo U-VA is doing terribly bad.Now General Motors is all set for changing the international edition of Aveo.The available spy suggest the New Aveo, (probably Chevrolet Viva) is nearing the mass production line.The commercial launch may happen by end of 2011 [...]
General Motors India, the subsidiary of General Motors(GM) is finalizing their used car market business plan.GM has been named their used car business as ‘Chery OK’.Chery OK will be launched in 10 cities shortly in few weeks.
General Motors today announced a unique package to their American hourly basis employees who wish to quit the company now.Even though the compensation package is not that lucrative,GM is thriving to shed some extra fat.The proposal has been forwarded to company’s union office bearers.This step is believed to be inline with the terms and conditions [...]
Spark, the reincarnation of Daewoo Matiz, the idea was a surprise to India.But careful refinement of the whole package wrote a Spark a success story for General Motor India(GMI).The Spark was powered by 994cc four cylinder engine which can deliver 48bhp@5400 rpm.