What's the fate of GM?

GM is selling Hummer and Saab, and at the same time, restructuring the Saturn brand. Details are very confidential at this point, so just keep a look out for further developments.

No plants in China will be closed, and don't listen to those rumours. As a matter of fact, GM is planning to open a new plant here. However for other markets, operation has been either slowed down or closed, and investments, like what we've planned for Thailand, been cut off.

Our operation over in Korea is facing a difficult period now, with Thailand, India and also Australia taking a back seat too. Only China has been doing very strong. But at the end of the day, we still need to find our own funding to pump into these troubled markets, and hopefully after all of this, see the company grow.

There's no doubt the Chinese manufacturers are a potential threat. But with GM's strong engineering experience, you can't help but wonder about the potential threat's reliability. We won't be foolish and ignore them though, as we foresee the Chinese market taking the lead in Asia in adopting electric vehicles.

GM has a strong program for Holden, as the brand has been maintaining itself rather well in Australia's car market. However, as the market shifted towards demand for smaller cars now, GM will listen and develop more of them - but at the same time, still maintaining the Commodore model.

Australians have been very supportive towards the Holden brand, so GM will definitely still operate it, developing smaller cars.

The Spark is in very high demand in India, while the Cruze is an extremely important product in every market it is sold - after all, it's the replacement for the Optra. Yes, you can say that for now.

Credits: Story & pictures by Azfar Hashim, reporting from Shanghai