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According to the China Association of Automobile Manufacturers, Chinese auto sales in June, including buses and trucks, increased 36 percent from a year ago -- checking in at 1.14 million, second only to April's 1.15 million. In June, Chinese motorists purchased 872,900 cars, SUVs, and other...

Sunday night, a New York bankruptcy judge approved the sale of selected assets to "New GM." Assuming that bondholders and others don't appeal the judge's decision, the New GM could be born this Friday. As expected, it will consist of GM's most popular brands: Chevrolet, Cadillac, Buick, and GMC....

On June 2, a day after it filed for bankruptcy, I estimated that the new General Motors would have to reach a value 20 percent above its all time high in order to repay the $50 billion government loan it received to keep it from having to liquidate. A month later, The Washington Post is out with a...

General Motors Corp. (GMGAQ) and Chrysler LLC, the two bankrupt automakers, have been shut out of a new $25 billion government program designed to encourage the development of fuel-efficient cars that is expected to be announced today, according to The New York Times. "General Motors had said that...

China has a track record of failure when it comes to investing in iconic U.S. brands. Back in May 2007, China's State Investment Company got a $3 billion stake in Blackstone Group (BX) ,which at the time was the preeminent private equity firm, at 95.5 percent of its $31 a share IPO price. Since...