Tags: General Motors
Treasury to sell off US owned shares in GM
The Department of Treasury will sell off its shares in Detroit carmaker General Motors. The US government has sold off a major portion of its shareholdings in General Motors Co.
GM Increases Investments in US Compared To China
GM, in a letter obtained by the Wall Street Journal, said it would increase its capital funding in the US compared to China.
GM Expands Production in China
GM and its partners would be building new plants and increase production to five million cars a year.
GM Invests US$7.3 Billion More in South Korea
GM expands interests in South Korea. An additional US$7. 3 billion is being eyed by General Motors Co. to be invested into its South Korean subsidiary spread over five years.
