Το Chevrolet Cruze θα κατασκευάζεται και στην Ευρώπη

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Η GM ανακοίνωσε ότι η επόμενη γενιά του Cruze, θα βγει στην αγορά το 2014 και θα είναι το πρώτο αυτοκίνητο της, το οποίο θα φορά τη νέα παγκόσμια πλατφόρμα της GM, πάνω στην οποία θα κατασκευαστούν νέα sedan και crossover αυτοκίνητα, που πουλούν 2,5 εκατ. έως το 2018.

Το Cruze δεν θα κατασκευάζεται πλέον μόνο στη Νότιο Κορέα, αλλά και σε κάποιο εργοστάσιο της Opel στην Ευρώπη, σε μια προσπάθεια εξυγίανσης της Opel. Συνολικά, το Cruze θα κατασκευάζεται σε έξι διαφορετικά εργοστάσια σε Κορέα, Κίνα, Ευρώπη, Βραζιλία, Ρωσία και ΗΠΑ.

[Πηγή: GM]

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GM Announces New $11 Billion Revolving Credit Facility

DETROIT – General Motors Co. today announced a new $11 billion revolving credit facility consisting of a $5.5 billion three-year facility and a $5.5 billion five-year facility. The new facility replaces GM’s existing $5.0 billion credit facility maturing in 2015.

“The new revolver provides a significant source of backup liquidity and financial flexibility, further bolstering our fortress balance sheet,” said Dan Ammann, GM senior vice president and CFO. “This level of commitment from the global banking community represents a strong vote of confidence in the financial strength of our company.”

The facility offers improved pricing and terms, and the ability to borrow in currencies other than U.S. dollars. GM Financial, GM’s captive finance company, will also be able to borrow under the facility.

A total of 35 financial institutions from 14 countries participated in the broadly syndicated transaction, underscoring the global scope of GM’s operations.

The new facility is expected to be rated investment grade by each of the major credit rating agencies.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world’s largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; the overall strength and stability of our markets, particularly Europe; and our ability to continue to attract new customers, particularly for our new products. GM’s most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

GM Sells More Than 250,000 Vehicles in China, Sets October Record

SHANGHAI – General Motors and its joint ventures sold an October-record 251,812 vehicles in China. Sales were up 14.3 percent on an annual basis, as GM’s major brands in China reached new highs for the month.

During the first 10 months of 2012, GM and its joint ventures sold 2,333,624 vehicles in China, an increase of 10.5 percent year on year and a new record for the period. Shanghai GM’s domestic sales grew 7.4 percent to 1,084,443 units. SAIC-GM-Wuling’s domestic sales grew 13.9 percent to 1,199,937 units. FAW-GM’s domestic sales decreased 0.5 percent to 45,508 units.

Shanghai GM sold 117,611 vehicles in China during October, a year-on-year increase of 13.8 percent. SAIC-GM-Wuling’s domestic sales rose 15.9 percent on an annual basis to 129,806 units. FAW-GM sold 4,259 vehicles in the domestic market, down 2.7 percent from October 2011.

Buick sold 60,510 vehicles in China last month, an increase of 7.7 percent on an annual basis. The brand was led by the original Excelle family, which sold 23,414 vehicles. In addition, the Excelle XT and GT had sales of 16,541 units, an increase of 68 percent year on year.

Chevrolet sales in China totaled 54,660 units, an increase of 8.3 percent from the previous October. Its best-selling model was the Cruze, with demand totaling 20,690 units – an increase of 4.6 percent year on year. Right behind it was the Sail family, which had sales of 18,385 units, a 14.9 percent increase year on year. Sales of the Malibu remained strong as well, totaling 7,843 units in the nameplate’s first October being offered in China.

Cadillac sales in China increased 19.5 percent on an annual basis in October to 2,491 units. Its best-selling model was the SRX, which experienced a sales increase of 31 percent to 1,677 units.

Wuling brand sales in China during October were 118,788 units, a year-on-year increase of 17 percent. It was led by the Sunshine, which had sales of 44,346 units. Another Wuling minivan, the Hong Guang, had sales of 34,220 units – an increase of 63.9 percent from last October.

Baojun set an all-time monthly sales record, surpassing 10,000 units for the first time. It sold 10,968 vehicles, more than twice the number of the previous October. Sales of the brand’s most popular model, the 630, rose 32.6 percent on an annual basis to 6,634 units.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 35,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2011, GM sold more than 2.5 million vehicles in China. It has been the sales leader among global automakers in the market for seven consecutive years. More information on General Motors in China can be found at GM Media Online.

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