Word: gm
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
WORLD BEATERS A17 Chiquita's top banana; Cadbury's CFO; Janus' global maven; GM's man in Africa...
These homegrown carmakers will have to compete with multinationals like General Motors, Ford, Toyota, Volkswagen and Citroen, all of which have invested heavily in Chinese joint ventures and are muscling for market share. GM, which has made Buicks in China since 1999, will soon launch top-of-the-line Cadillacs and plans to increase total production 50% in the next two years. In a first for the country, Beijing recently announced it will allow GM to import cars made overseas without going through a Chinese partner. Ford plans to increase production sevenfold, to 150,000 cars a year. Volkswagen, maker...
...Volkswagen-like subcompact made by a small company in Anhui province now called SAIC-Chery Automobile began appearing: it was made with components provided by suppliers that were believed to have signed exclusive deals with Volkswagen's joint venture. More recently, Chery has run afoul of GM by releasing a car, called the QQ, that looks almost exactly like a GM model--the Spark--that didn't hit the Chinese market until December. PSA Peugeot Citroen, the French maker of the successful Citroen sedan in central China, faces a similar problem. A local producer called Shanghai Maple introduced a model...
DePodesta has spent the past five years as the assistant to the Oakland Athletics’ GM Billy Bean, and was expected to take over for Bean in November 2002 when it seemed that Bean was going to become the new GM position for the Red Sox, but Bean changed his mind and stayed in Oakland...
...sales remain stalled. The manufacturers' response? Slash prices. Less than four months after it launched its new flagship Golf, Volkswagen last week announced it is throwing in free air-conditioning, the equivalent of an 8% discount on its base model. The move follows a 31,085 rebate offered by GM's Opel to early buyers of its new Astra, which is set to launch in March. In the U.K., many dealers now offer 0% financing - for years used to prop up the U.S. market - as a lure. "From the consumer's point of view, it's paradise...