The Holden brand will be retired from sales in Australia and New Zealand and local design and engineering operations will wind down by 2021, General Motors (NYSE:GM) announced today. Maven and Holden Financial Services operations will also wind down in Australia.
General Motors Corporation
In April 2011, Singapore's Senior Minister (and former Prime Minister) Goh Chok Tong made an official visit to the Sino-Singapore Tianjin Eco-City and said that the progress of the project was "truly amazing" and it could be "a model that other cities in China can draw lessons from". Tianjin Eco-City will present at 10:00 am on Wednesday, June 15, 2011 at Global Green Building Conference at Renaissance Shanghai.
2nd Annual Green Fuels & Vehicles China 2011 will be convened on April 7-8 in Beijing, China. This year the event will focus on exploring the technical and commercial roadmaps for alternative fuels and new energy vehicles, discuss the policy incentives, market outlook, technical innovations and charging infrastructure development of the industry. It is China's leading international networking and information exchange platform for new energy vehicle industry.
Asian markets fell yesterday as investors remained sceptical and worried the deteriorating economy would not receive immediate help from the US stimulus plan. Tokyo stocks dropped 3%, led mostly by banks and exporters, as trading resumed after a holiday. Hong Kong's Hang Seng Index fell 2.3%, while Shanghai Composite lost 0.6%. The major indexes in Asia are likely to remain on a downward trend today.