GM ends 高壓清洗機 talks with BAIC on sale of Opel unit
高壓清洗機 Evaporator 薑黃 magnetic head bending machine Strapping Machine PDH fiber optical multiplexer screw barrel for injection Leather suppliers Mutagenesis Extrusion line jacket dress plus size wedding attire protein expression Surge suppressors Korean fashion wholesale nylon cable tie camisetas de real madrid Poker Chip Manufacturer Valve seat
GM ends talks with BAIC on sale of Opel unitPublished: 26 Jul 2009 18:41:00 PSTTop 5 News From ChinaKnowledge.comBYD to raise RMB 2.85 bln via A share placementPBOC to issue RMB 45 bln in 1-year bills to BOCBeijing Capital Land’s H1 contracted sales revenue skyrocketsCarrefour reopens Urumqi storeAsus unveils motherboards with USB 3.0 portsJul. 27, 2009 (China Knowledge) – General Motors Co on Jul. 23 announced that it has ended talks with China’s Beijing Automotive Industry Holding about the sale of European unit Adam Opel GmbH, Dow Jones Newswires reported.GM said in a statement that it will continue talks with both Magna International Inc and RHJI.BAIC declined to comment on GM’s announcement.BAIC, which is the fifth-largest auto maker in China and is backed by the Beijing municipal government, was seen as the less favored bidder as it lacked overseas acquisition experience and international exposure, according to industry analysts.Reuters earlier reported that the Beijing municipal government would fully support BAIC’s bid for Ford’s Volvo unit if the Chinese auto maker was unable to strike a deal for GM’s Opel unit, as the city government aims to build a stronger auto industry.BAIC aims to boost its annual vehicle sales to 2 million units by the end of 2015. Sales were 771,639 units in 2008.Copyright © 2009 http://www.chinaknowledge.com港澳游 激光切割机 MBA car sun shades 外匯買賣 实验室家具 lithium batteries 超声波 负压风机