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News For GM;VLKAY From The Last 14 Days Check below for free stories on GM;VLKAY the last two weeks. |
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| May 7, 2013 | | 07:14 EDT |  | GM | GM recalling hybrid cars due to electrical problem, WSJ reports
 Subscribe for More Information | | | 05:53 EDT | | GM | GM staying in South Korea, seeks to resolve labor issues, Reuters reports
General Motors won't pull out of South Korea but will discuss labor problems with South Korean President Park Geun-hye, CEO Dan Akerson was quoted as saying by its Korean union, a move that could complicate already troubled relations with its local workforce, reports Reuters. .Reference Link | | | May 6, 2013 | | 13:35 EDT | | GM | Treasury to start selling remaining stake in General Motors, Reuters reports
Subscribe for More Information | | | 10:55 EDT |  | GM | GM China sales up 15% in April to 261,870 units
Vehicle sales by General Motors and its joint ventures in China increased 15.3% on an annual basis last month to an April record 261,870 units. Shanghai GM and SAIC-GM-Wuling, as well as their Buick, Chevrolet, Wuling and Baojun brands, all reached all-time highs for April sales. Cadillac set an all-time monthly sales record. Its strong performance took GM’s sales for the first four months of 2013 to a record 1,078,243 units, an increase of 10.9% on an annual basis. It was the first time GM surpassed a million unit sales for the year in April, the company said. | | | 07:35 EDT | | VLKAY | Audi wants clarification before building Brazil plant, Reuters reports
Subscribe for More Information | | | 07:10 EDT | | GM | Market for midsize cars wide open, WSJ reports
Toyota (TM) and Honda (HMC) were top sellers a few years ago and by a wide margin. No more. Now, it is a wide-open market. Ford (F) and GM (GM) have turned their midsize sedans into real challengers and closed the quality gap with Japan, reports the Wall Street Journal.Reference Link | | | 06:23 EDT | | GM | General Motors, Ford heavily investing in Russia auto market, Detroit News says
Subscribe for More Information | | | 06:18 EDT | | GM | Ford, others see Thailand as springboard for exports, Bloomberg reports
Ford’s factories in Thailand can produce eight times more vehicles than it sells locally. And Thailand is Southeast Asia’s biggest car market and an export hub for the region as automakers such as Ford ship most of the vehicles to nearby countries tax-free. Ford and Japanese automakers sees Southeast Asia as a way to help overcome slowing sales in markets like Europe, and has said its expansion in Thailand is part of an “aggressive growth plan” for the region. Reference Link | | | 06:06 EDT | | GM | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Toyota (TM) and Honda (HMC) were top sellers a few years ago and by a wide margin. No more. Now, it is a wide-open market. Ford (F) and GM (GM) have turned their midsize sedans into real challengers and closed the quality gap with Japan, the Wall Street Journal reports...There was no big news at Berkshire Hathaway’s (BRK.A) annual meeting this past weekend, but there was one great lesson for investors: Perhaps the most important thing you can do when everything seems to be going right in your portfolio is to listen to somebody who insists you are wrong, the Wall Street Journal reports...REUTERS: Some Verizon Communications (VZ) shareholders say they could be happy for the company to pay up to $130B for Vodafone Group’s (VOD) stake in their U.S. wireless venture. Two large shareholders in Verizon say they could be comfortable with paying 20% to 30% more to secure Verizon Wireless, Reuters reports...A unit of Sinopec Group (SHI) and brokerage China Galaxy Securities are launching Hong Kong IPOs today seeking to raise up to $3.5B in total, injecting life into Asia's moribund IPO markets where deal values more than halved in Q1, Reuters reports...BLOOMBERG: Bond investors are gaining confidence that Fed Chairman Bernanke will unwind the central bank’s unprecedented $3.3T balance sheet without sparking a crash similar to 1994, Bloomberg reports...Apple (AAPL) is missing out on an opportunity to court up to 2.8B new smartphone customers, many of them in Asia, as wireless-service providers balk at conditions imposed by the iPhone maker and drag their heels in signing on as partners, Bloomberg reports. | |
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