GM gets nod to buy South Africa's Delta Motors

Newswire

DETROIT, Jan 28 (Reuters) - General Motors Corp. said it received approval from the South African government on Wednesday to buy the remaining 51 percent stake in Delta Motor Corp., which it hopes to expand and use to export cars. GM, the world's largest automaker, did not disclose terms of the acquisition, but said South Africa's Delta has been profitable since it was formed after GM left South Africa in 1986 during the apartheid regime. "We're looking to grow our business in South ...

Premium Content (PAID Subscription Required)

"GM gets nod to buy South Africa's Delta Motors" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×