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Stock Market & Financial Investment News

News Breaks
December 19, 2012
06:50 EDTGMGM to add more Cadillac dealerships in China, Bloomberg reports
GM (GM) will increase the number of its Cadillac showrooms in China by about 25% to 200, GM's China president said, Bloomberg reported last night. The decision comes as GM's CEO is looking to boost Cadillac sales around the world in an effort to raise the company's profit margins, the news service explained. Reference Link
News For GM From The Last 14 Days
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August 23, 2015
18:23 EDTGMGM, Volkswagen slow production at Chinese factories, WSJ says
Auto manufacturers including General Motors (GM) and Volkswagen (VLKAY) appear to be running their Chinese factories at less than maximum capacity for the first time, reports the Wall Street Journal, citing industry data. The numbers suggest that a "bumpier ride" may be in store for multinationals that counted on Chinese demand, said the report. "The situation seems worse than that of 2008," remarked an engineer working at GM's Shanghai plant. Reference Link
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