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SAIC merges with Nanjing
Fri, 28 Dec 2007By Keith Adams Motor Industry 28 December 2007 15:27 Is the Chinese car industry learning to rationalise? Absolutely. In order to attack world markets, China’s government and its largest automotive players have been getting cute. There’s a rush to merge or combine in order to compete in international markets.
Pontiac G8 may get a second life as the Chevrolet Caprice, Lutz says
Mon, 13 Jul 2009The Pontiac G8 may get a new life as the Chevrolet Caprice. General Motors is studying the feasibility of reusing the rear-wheel-drive performance sedan for law enforcement and the general public, vice chairman Bob Lutz said in an online chat Monday. “The G8 has finally been discovered by a broader percentage of the buying public,” Lutz said on GM's FastLane blog.
General Motors reportedly close to selling Hummer for $150 million
Fri, 09 Oct 2009General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.