BAIC Becomes Minority Shareholder in Koenigsegg Group
9 Sep 2009, 14:31 UTC · By: Bogdan Popa / Koenigsegg Group has just signed a Memorandum of Understanding (MOU) with BAIC that would allow the two companies expand their coverage in both international and Chinese markets. In other words, Koe...
NADA Commends GM, Does Not Endorse Agreement
9 Jun 2009, 10:57 UTC · By: Daniel Patrascu / Following the agreement reached on Monday between General Motors and the National Automobile Dealers Association (NADA), the parties involved raced each other in issuing praising statements. Accordi...
GM Canada Avoids Reductions to Salaries, Offers Alternative
9 Mar 2009, 10:24 UTC · By: Madalina Iancu / Although General Motors Canada is forced to proceed to wage cuts in order to get the so-much needed $6 billion loan from the Government, the Detroit-based automaker agreed to make a series of contra...