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GM (NYSE:GM) and Its Chinese Partner Opens New Plant In China – GM, TSLA, KNDI, SORL, HMC

General Motors Company (NYSE:GM) and its local Chinese partners announced on Monday that it have release a new plant to make cars for its local discount brand Baojun. The new joint venture SAIC-GM-Wuling released the factory on Sunday in southwestern Guangxi province. GM and its partners declared they have invested 8B yuan or about $1.3 […]

General Motors (NYSE:GM) Will Depart One Of Its Venture Capital Unit – GM, F, KNDI, SORL, TM

The U.S. automaker’s chief technology officer declared on Thursday that General Motors Company (NYSE:GM)  will soon way out one of its venture capital unit’s investments, moreover through an IPO or the purchase of that firm by another. GM kicked off its venture capital unit over two years before with a $200M budget to invest in […]