Monday, May 14, 2007

Shanghai GM to export 10,000 cars to Ukraine

SHANGHAI (XFN-ASIA) - General Motors Corp joint venture Shanghai GM said it plans to export 10,000 Chevrolet Lova cars to Ukraine.

Shanghai GM, a joint venture between General Motors (nyse: GM - news - people ) and Shanghai Automotive Co Ltd, said it has sold about 60,000 units of the Lova so far since its launch in March.

The company added that it will ship 70,000 units of 1.4 and 1.6 liter engines to South Korea for use in Chevrolet automobiles worldwide.