GM to invest $5 bn on new Chevrolet for emerging markets
General Motors announced plans Tuesday to invest $5 billion to introduce a new family of cars under the Chevrolet line targeting emerging markets, co-developed by Chinese partner SAIC Motor.
Jul 28, 2015, 18:52 PM ISTChina car giant SAIC records 12.8% profit rise in 2014
The Shanghai-based firm said net profit was 27.97 billion yuan ($4.56 billion), up from 24.80 billion yuan in 2013, according to a statement issued to the Shanghai stock exchange late Thursday.
Apr 03, 2015, 10:01 AM IST