Find the world’s auto giants General For the Chinese the opportunity to “stand up”
Thirteenth session of the Shanghai International Auto Industry Exhibition opened in Shanghai on the 20th. Although the world automotive giants are plagued by their varying degrees of financial crisis, the global automotive business into the Shanghai auto show is still the most generous. General Motors would want to use the Shanghai Motor Show, with the steady growth of China’s auto market, to fight a “war to stand up.”
By the international economic urgent position, are the verge of bankruptcy of General Motors, at the present high-profile look on the display, display the first day of blaze of six new vehicles, encompassing 1, the world’s first notion vehicle and the first Asia-Pacific 5 new vehicle, a record in Shanghai General Motors new vehicle the dimensions of the preceding most exhibitors.
Gan, head of GM China said, its parent financial gathering, GE is presently being motor vehicle gathering with the United States Government, the United States automotive trade unions, creditors and other dialogues to formulate the second restructuring arrange, one time the court could not arrive at accord, they will divest part of non-performing assets, But the Chinese market does not plunge in 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.
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