General Motors Company - automotive industry company news 
CHINA: General Motors January sales off 8% year on year
7 February 2012
General Motors sales in China last month were up 25.3% over December 2011, the automaker's second-best January ever there but the 246,654-vehicle tally, including joint ventures, was down 8% year on year. There were three fewer shopping days as a result of the Lunar New Year holiday.
INDIA: Mahindra & Mahindra readying Saab bid - paper
7 February 2012
Mahindra & Mahindra, one of four companies interested in Saab Automobiles, has signed a confidentiality agreement with the bankrupt company and is in the process of finalising its bid, an Indian media report said. China's BAIC, possibly in conjunction with Panasonic reportedly may also submit a bid.
GERMANY: UAW man on Opel board
7 February 2012
General Motors continues to tighten its grip on its German subsidiary Opel with the expected appointment of United Auto Workers (UAW) president Bob King to the supervisory board next month, according to Handelsblatt.
US: Fisker halts Delaware development
7 February 2012
Fisker has halted work at the former General Motors plant in Delaware, where it plans to build Project Nina, its plug-in hybrid family car, laying off 26 workers there and axing a further 40 contract (temporary) employees from its California headquarters.
JAPAN: Suzuki nine-month profit falls
6 February 2012
Suzuki Motor nine-month operating profit dipped 5.1% to JPY87.7bn on sales down 6.7% to JPY1.8 trillion due to a volume fall in India, ongoing effects of the Japanese earthquake, and yen appreciation, the automaker announced.
BELGIUM: GM could still have say with Youngman Saab 9-3 plan: CLEPA
6 February 2012
European automotive supplier body CLEPA, is cautioning General Motors could still be involved if prospective Saab bidder, Youngman, starts up production using the 9-3 model.
US: Toyota Mississippi plant adds second Corolla shift
6 February 2012
Toyota Motor Manufacturing, Mississippi (TMMMS) on Monday (6 February) added a second shift to make the Corolla. Approximately 2,000 people are now employed at the plant which was mothballed for a time after Toyota's plans changed following the global financial crisis about three years ago.
US: Super Bowl truck ad pits Ford against GM
6 February 2012
A row between General Motors and Ford over a Chevrolet truck television ad aired during weekend Super Bowl football game coverage in the US has attracted considerable media coverage both there and abroad.
THE WEEK THAT WAS: A mixed start to 2012
3 February 2012
The jury on the likely US sales tally for 2012 is still out after a January that (pleasantly) surprised our resident statistician Bill Cawthon and sparked off a bit of discussion at just-auto Towers this week - will the light vehicle market for the year break through 14m, as an increasing number of pundits suggest or will the remaining 11 months see it pegged back to the 13.5m-ish suggested late last year?
TURKEY: Brightwell confident of 'immediate' start if Saab bid successful
3 February 2012
Saab bidder Brightwell Holdings says with some "minor adjustements," production could restart immediately in Trollhattan, should its pitch for the bankrupt automaker be successful.
COMMENT: Where does the Chinese car industry really stand?
2 February 2012
Investment banker Meyrick Cox describes the development of the Chinese auto industry, its structure and offers a view on the challenges it faces in the future.
US: January light vehicles sales surprise
2 February 2012
January US light vehicle sales were stronger than anyone expected.
AUSTRALIA: 100 temps going as Holden switches to single shift assembly
2 February 2012
General Motors' Australian unit Holden is to introduce a new single shift at its vehicle manufacturing plant in Elizabeth, South Australia and axe 100 temporary workers.
UK: Jaguar Land Rover hiring 133 apprentices
2 February 2012
Jaguar Land Rover (JLR) will recruit 133 apprentices in 2012, its largest intake ever. Its programme, this year searching for both advanced and higher apprentices launches on Monday 6 February coinciding with National Apprenticeship Week here in the UK.
US: GM says January SAAR 13.5-13.6m
1 February 2012
General Motors said on Wednesday the US light vehicle sales rate was around 13.5m to 13.6m in January, an increase of around 8% year on year as the industry continued to recover.
CANADA: GM recalls 42 transmission workers
1 February 2012
General Motors (GM) of Canada is recalling 42 employees to work on the six speed front-wheel drive transmission line at its St Catharines Powertrain factory in Ontario, Canada.
CHINA: SAIC sales outperform the market
31 January 2012
SAIC has forecast a rise of more than 40% in 2011 net income because of high demand for German and American marques made at its Shanghai joint venture factories.
RUSSIA: Daimler and Renault to raise local JV stakes
31 January 2012
Newswire reports on Tuesday (31 January) said Daimler and Renault are ready to take controlling stakes in their Russian partners, citing state conglomerate Russian Technologies which holds stakes in the automakers.
SWEDEN: Youngman lawyers confident of seeing off other bidders as Saab decision looms
31 January 2012
Lawyers acting for Chinese manufacturer Youngman, say they do not view other potential Saab purchasers as 'serious competitors' ahead of a looming decision from receivers handling the automaker's bankruptcy.
BRAZIL: Lifan in investment mood, Renault mulls Lodgy
30 January 2012
Lifan has decided to deepen its partnership with Brazilian group Effa which already distributes the Chinese automaker's 320 (which looks something like BMW's Mini) and 620 sedan models here.
SOUTH KOREA: Kia books record profits, sees growth slowing
30 January 2012
Hyundai Motor affilate Kia Motors, like its parent, has reported record-high earnings for 2011 thanks to its upgraded brand image and strong sales growth in overseas markets.
INDIA: New GM models target smaller metros and towns
30 January 2012
General Motors India (GMI) hope its MPV and Sail models, developed by GM China's joint venture with SAIC, will boost sales, especially in smaller 'metros' and smaller towns.
GERMANY: Opel appoints new communications director
26 January 2012
Johan Willems joins the Opel management board next week as head of communications for Opel/Vauxhall, taking over from Susanne Wegerhoff who has decided to leave the company, Opel said in statement.
JAPAN: Toyota confirms loss of top carmaker spot
25 January 2012
Toyota Motor confirmed Wednesday that its world group sales fell below the 8m mark in 2011, losing the firm its number one spot in the global carmakers' league.
INTERVIEW: Nissan Mexicana president Jose Munoz
25 January 2012
Interviewed at Nissan's Americas media centre, Nissan Mexicana president Jose Munoz discusses his team’s achievements in 2011 and plans for 2012, including construction of a new manufacturing plant to be built in Aguascalientes. The facility, which will complement Nissan’s two existing Mexican factories, is scheduled to begin operations in late 2013. He envisions an environment where his team will be poised to achieve an unprecedented 30% share of the market in the future.
US: GM awards global media account to Carat
25 January 2012
General Motors has awarded its global media operations account to Carat, part of the specialist media and digital group Aegis Media, after an extensive review of the company’s global marketing operations. The account had previously been with French advertising group Publicis Groupe.
GERMANY: Opel discussing sales cooperation with SAIC - report
24 January 2012
General Motors' European unit Opel is talking with Shanghai Automotive Industry Corporation (SAIC), one of its parent company's joint venture partners in China, about sales cooperation.
SWEDEN: Improved Norway links to help jobless Saab workers
23 January 2012
Swedish regional government is to inject SEK90m (US$13.4m) into the area around bankrupt Saab's home town of Trollhattan, with help given to those made unemployed by the automaker's demise to travel to Norway to seek work.
SWEDEN: Youngman could make Saab bid within weeks: FKG
23 January 2012
Scandinavian supplier body FKG says a bid for bankrupt Saab by Chinese manufacturer Youngman, could occur within weeks.
AUSTRALIA: Toyota axes jobs as demand slumps
23 January 2012
Toyota Australia is cutting 350 jobs, citing unprecedented pressure on its operations.
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