Volkswagen, SAIC decide to sell Xinjiang factory
Volkswagen and Shanghai's SAIC Motor have decided to sell a factory in Xinjiang, China, following criticism over…
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General Motors
Egypt launches locally produced Exeed car
Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, witnessed…
General Motors Egypt breaks 1m locally produced vehicles mark
General Motors Egypt has reached a significant milestone, becoming the first automotive company in the country to…
General Motors announces new $6b share buyback plan
General Motors (GM) announced a new $6 billion stock repurchase plan on Tuesday.
Asian stocks surge on tech rally
Asian stocks surged on Wednesday, led by a rally in technology shares, as investors shifted their focus to upcoming…
Honda unveils new EV brand in China by ’27
Honda Motor outlined an ambitious plan to launch six next-generation EVs under the new "Ye" brand by 2027 in China,…
Xiaomi’s stocks soars after launching 1st EV
Xiaomi's stock surged 16 per cent on Tuesday after the launch of its new electric vehicle, despite forecasts of…
Cadillac Electric SUV available only online in France
US automaker General Motors (GM) unveiled its luxury electric Cadillac Lyriq in France, expanding its European…
GM Korea to launch 4 new vehicles in ’24
General Motors (GM) Korea unveils plans to introduce four new vehicles in South Korea this year including two…
Samsung, GM to invest $3bln in EV battery factory
Samsung and General Motors (GM) announced on Tuesday that they plan to invest about $3 billion in an electric…
Egypt attracts $145mln investments in automotive sector
Three international automotive companies are planning to invest up to $145 million in Egypt over the next three…
General Motors pumps $120 mln into Egypt in 5 years
General Motors has pumped total investments of $120 million during the past five years into the Egyptian market,…
General Motors warns new wave of tariffs could force U.S. job cuts
General Motors on Friday warned that another wave of tariffs being considered by U.S. President Donald Trump could…
China’s SAIC Motor seeks partners to enter Egypt automotive market
China’s largest automaker SAIC Motor Corp Ltd is seeking possible partners to enter Egypt’s automotive market in…
General Motors may exit Europe with $1 billion Opel sale to Peugeot
After making billions of dollars in losses since the start of the century, General Motors may be ready to off load…
General Motors Egypt, MCV to export mini buses to Ghana in Q3
General Motors Egypt announced Wednesday signing a new alliance agreement with MCV Group to manufacture several…
U.S. letter reveals details of GM self-driving vehicle system
General Motors Co's semi-autonomous "Super Cruise" system will allow drivers to take their hands off the steering…
Uber partners with GM’s Maven car-sharing programme
Uber Technologies Inc said Tuesday it would partner with car-sharing service Maven, operated by General Motors, to…
General Motors escapes some claims from 2014 recalls
A U.S. judge on Friday dismissed some claims brought against General Motors by customers seeking compensation for a…
GM not protected from ignition switch claims: U.S. appeals court
General Motors' 2009 bankruptcy does not shield it from lawsuits over a deadly ignition-switch defect that led to…
GM seeks to dismiss claims for recalled vehicles’ lost value
A lawyer for General Motors (GM.N) on Friday asked a U.S. judge to bar "unprecedented" claims on behalf of millions…
General Motors Egypt’s Chevrolet Optra launch signals increased local manufacturing
General Motors unveiled its new locally-manufactured Chevrolet Optra at a launch event at its 6th of October City…
General Motors says to resume operations in Egypt’s on February 14
General Motors (GM.N) will resume operations in Egypt next Sunday, February 14th, the company said in its Thursday…
LG Electronics denies suspending Egypt operations
South Korea's LG Electronics Inc has denied report about reducing or suspending its operations in Egypt due to a…
GM halts Egypt operations due to currency crisis – sources
General Motors has temporarily suspended its operations in Egypt due to a currency crisis, a company source told…
GM posts record profit in 2015 triggered by North American sales
General Motors Co rode sales of SUVs and pickup trucks in North America to a record profit in 2015, and reaffirmed…
General Motors to face trial over recalled ignition switch
General Motors (GM.N) is set to go to trial Monday in a lawsuit over its 2014 recall of millions of vehicles for a…
GM to invest $1 bln in India, double Market Share by 2020
General Motors Co (GM.N) will invest $1 billion in the next few years to turn operations in India into a new global…
Exclusive: GM set to storm India as Korea costs climb
General Motors (GM.N) aims to grab at least 5 percent market share in India within the next decade, as it sees that…
Nasdaq Futures Soar After Apple; Caterpillar, GM Loom
The Nasdaq Composite could steal the show on Wall Street later on Thursday, with tech futures soaring more…
General Motors Egypt Says to Invest EGP150 Million within 2014
General Motors Egypt said on Saturday it plans to pump investments amounting to EGP 150 million within this year.…
GM’s Global Sales Rise Four Percent in 2013
General Motors Co (GM.N) said on Tuesday its global sales grew 4 percent in 2013 on strong demand in the world's…
Electrolux Restarts Full Production in Egypt
Electrolux, the world's No. 2 home appliances maker, said on Monday it had restarted full production in Egypt,…
Analysis: With Gulf Aid, Egypt Economy Can Limp Through Crisis
Egypt's political crisis has dealt a blow to any hopes for a quick economic recovery, but aid from its Gulf allies…
GM, BASF Resume Egypt Ops, Electrolux to Partially Open
General Motors and Germany-based chemicals firm BASF reopened facilities in Egypt yesterday, while Electrolux said…
Foreign Companies Close Offices amid Fears of Violence in Egypt
Foreign companies operating in Egypt have shut factories and closed offices in response to violent clashes between…
GM’s Decision To Stop Advertising On FB; Wake-Up Call
General Motors Inc's decision to stop advertising on Facebook may be a wake-up call for the No. 1 social network,…
Facebook Boosts IPO Size By 25 Percent, Could Top $16 Billion
Facebook Inc will increase the size of its initial public offering by 25 percent, a source familiar with the matter…
GM to Drop Facebook Ads
General Motors Co said on Tuesday it will stop advertising on Facebook, even as the social networking website…
GM to add natural gas option to pickups
The Detroit-based automaker, General Motors Co. (GM), plans to begin taking orders in April on pickups that run on…