GM Thriving in China Despite Bankruptcy in U.S. - @AdAgeChina - News: "General Motors, the largest automaker in the U.S., filed a bankruptcy petition in New York on June 1, marking the end of an era. . . .
On the same day half a world away, executives at Shanghai General Motors, a joint venture between GM and Shanghai Automotive Industry Corporation (SAIC), normally would have been celebrating.
'We had a great May,' said Steve Betz, general director for Shanghai GM's Chevrolet brand in China. 'We sold 56,000 [cars in China last month]. It was the second-best month in our history.'"
Wednesday, June 3, 2009
at 3:57 PM