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GM to pay US$900 mln to settle US case on ignition switches

... eal means GM will be charged criminally with hiding the defect from regulators and in the process defrauding consumers, but the case will be put on hold while GM fulfills terms of the deal, one source ...More

EJ Insight2015-09-17

Fiat Chrysler says merger with GM a high priority

... e-up with GM remains a "high priority" for FCA, Sergio Marchionne said, Reuters reported. GM's board rebuffed a merger proposal from FCA earlier this year. But that has not stopped Marchionne from woo ...More

EJ Insight2015-09-07

Foreign carmakers cut China output amid slowing sales

... e between GM and China’s largest auto maker SAIC Motor Corp., built 2.4 percent fewer cars in the first half compared with a year earlier, according to the China Passenger Car Association. FAW-Volksw ...More

EJ Insight2015-08-24

GM boosting production of big SUVs and trucks

... Aug. 1, a GM spokesman said. GM is also expected to boost output of pickup trucks, sources told the news agency. The Arlington plant is capable of making 400 big SUVs per shift, or about 1,200 in a fu ...More

EJ Insight2015-08-14

Ford remains 'bullish on China' long term

...  third of GM's China sales, according to the China Association of Automobile Manufacturers. Through July, China auto sales of 13.35 million were up 0.4 percent, compared with US sales in the first sev ...More

EJ Insight2015-08-13

GM covered up faulty switches, says lawyer

... New York, GM and law firm King & Spalding LLP committed a “crime-fraud” that exempts certain emails and other communications from attorney-client privilege legal protections, the newspaper said. H ...More

EJ Insight2015-06-12

US building fraud case against GM over faulty ignition switch

... , if any. GM chief executive Mary Barra said she met with Justice Department investigators last year but declined to comment on the ongoing investigation. “We have cooperated fully,” she said of the J ...More

EJ Insight2015-06-10

GM to step up focus on India amid rising costs in Korea

... n Jacoby, GM's chief of international operations, was quoted as saying in an interview. By 2025, India is expected to overtake Japan as the world's third biggest automobile market, with annual sales s ...More

EJ Insight2015-05-04

Shanghai GM to spend 100 bln yuan to develop new vehicles

Shanghai GM Co., a 50:50 joint venture between General Motors and China's SAIC Motor Corp., said it plans to spend 100 billion yuan (US$16.14 billion) in new-car development over five years. "Our five ...More

EJ Insight2015-04-20

GM escapes lawsuits over faulty ignition

General Motors Co. (GM) has avoided dozens of lawsuits accusing it of concealing an ignition-switch defect that led to the recall of 2.6 million vehicles. A United States bankruptcy judge ruled in fav ...More

EJ Insight2015-04-16

Why GM crops are slow to flourish in China

China's efforts to raise genetically modified (GM) crops are stuck in a bureaucratic logjam and advocates are looking to President Xi Jinping to break it. Xi backed the program in a speech last year b ...More

EJ Insight2014-12-23

CCTV forbids ads claiming value of non-transgenic products

... modified (GM) but not commercially cultivated, like rice and peanuts, are not allowed to use “non-transgenic” in the script. Advertisements for products involving crops that have commercially cultivat ...More

EJ Insight2014-10-10

GM to offer connected car, automated driving technology

...  In 2016, GM will sell a 2017 model Cadillac CTS sedan equipped with vehicle-to-vehicle technology. However, the car can only communicate with similarly equipped vehicles and it will take time for the ...More

EJ Insight2014-09-08

Regulator clarifies Microsoft probe, monopoly stance

... carmakers GM (GM.US) and Volkswagen (VOWG.DE) and numerous drug and milk powder makers. Beijing can hardly afford such a negative perception just as its economy shows signs of a major slowdown, since ...More

EJ Insight2014-08-27

Good crop, bad crop

Kenya’s ban on imports of genetically modified (GM) crops reflects a troubling trend in a country traditionally seen as an agricultural innovator. The move also represents a giant leap backward for a ...More

EJ Insight2014-08-25

Dust, overwork blamed for deadly Kunshan factory blast

...  supplies GM and other after-market service companies in the United Sttes, according to the website. GM said it didn't have a direct relationship with Zhongrong, but used parts processed by Zhongrong ...More

EJ Insight2014-08-04

GM hit by new lawsuit over faulty ignition switches

... s against GM over the switch recall have been consolidated.  Since the beginning of the year, GM has recalled nearly 15 million vehicles worldwide over potentially defective ignition switches, the rep ...More

EJ Insight2014-07-30

China vows zero tolerance for GM rice

China vowed zero tolerance and harsh punishment for the production and sale of genetically modified crops days after media reported that GM rice was being sold at a supermarket in Wuhan, the official ...More

EJ Insight2014-07-30

China GM rice sparks concern in Hong Kong

There are concerns in Hong Kong that genetically modified rice, or GM rice, that is being sold illegally in mainland China may be imported into the city and affect public health, Sky Post reported Tue ...More

EJ Insight2014-07-29

Yes, the US is picking on BNP Paribas. Here's why

...  task for GM was to investigate and report on the company’s faulty ignition switches, which have been linked to 13 deaths. The targeted firm then typically fires the most egregious wrongdoers and puts ...More

EJ Insight2014-07-16

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