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 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, 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.

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 global financial crisis, are the verge of bankruptcy of General Motors, at the current high-profile appearance on the show, show the first day of fire of six new vehicles, including 1, the world’s first concept car and the first Asia-Pacific 5 new car, a record in Shanghai General Motors new car the size of the previous most exhibitors.

Gan, president of GM China said, its parent company, GE is currently being car group with the United States Government, the United States automotive trade unions, creditors and other consultations to formulate the second restructuring plan, once the court could not reach agreement, they will divest part of non-performing assets, But the Chinese market does not fall within this range.

It was wise that the Chinese government presented the fuel levy restructure, for example the buy of levy levied by half under the favorable principles, the United States in March, GM sales in China come to more than 130,000 vehicles, a record high monthly sales. GM said to this end, even if influenced by economic urgent position, the United States will extend as asserted by design widespread in the next two years to launch 5 new forms, commenced in the next five years 30, to extend to accelerate the stride of development in China.