China: GM to increase stake in SAIC-GM-Wuling

In a new S-1/A filing with the US Securities and Exchange Commission, General Motors has revealed that in the nine months ended 30 September 2010 it entered into an equity transfer agreement to purchase an additional 10% interest in SAIC-GM-Wuling (SGMW) from the Wuling Group for US$51m in cash plus It’s time to log in … Continued

In a new S-1/A filing with the US Securities and Exchange Commission, General Motors has revealed that in the nine months ended 30 September 2010 it entered into an equity transfer agreement to purchase an additional 10% interest in SAIC-GM-Wuling (SGMW) from the Wuling Group for US$51m in cash plus

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