Find the world's auto giants General For the Chinese the opportunity to "stand up"

By Professional editor working for frbiz.

Thirteenth assembly of the Shanghai International Auto Industry Exhibition opened in Shanghai on the 20th. Although the world automotive oversized creatures are beset by their varying academic achievement of fiscal critical purpose, the worldwide automotive enterprise into the Shanghai auto present is still the most generous. General Motors would like to use the Shanghai Motor Show, with the firm expansion of China's auto market, to conflict a "war to stand up."

By the worldwide fiscal critical purpose, are the verge of bankruptcy of General Motors, at the prevailing high-profile facade on the present, present the first day of blast of six new vehicles, embracing 1, the world's first fundamental thought motor vehicle and the first Asia-Pacific 5 new motor vehicle, a record in Shanghai General Motors new motor vehicle the amount of the earlier most exhibitors.

Gan, leader of GM China said, its parent business, GE is actually being vehicle assembly with the United States Government, the United States automotive trade unions, creditors and other discussions to formulate the second restructuring design, one time the court could not come to affirmation, they will divest part of non-performing assets, But the Chinese market does not drop inside this range.

It was learned that the Chinese government introduced the fuel tax reform, such as the purchase of tax levied by half under the favorable policies, the United States in March, GM sales in China reached more than 130,000 vehicles, a record high monthly sales. GM said to this end, even if affected by financial crisis, the United States will continue according to plan common in the next two years to launch 5 new models, launched in the next five years 30, to continue to accelerate the pace of development in China. - 18762

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