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(单词翻译:双击或拖选)
The bankruptcy1 and restructuring of General Motors Corporation in the United States has raised concerns about the future of the global automaker. In Southeast Asia, General Motors is seeking to assure customers and investors3 the bankruptcy will not affect their operations. In this part of the world, the auto2 company says it is still planning for growth.
Man examines Buick sedan in GM showroom in Beijing, China, 02 un 2009
General Motors in Southeast Asia opened a packed news briefing in Bangkok with a promotional video.
The video shows G.M. trucks driving through explosions set to the classic song "Don't Stop Me Now" by the British band Queen. A G.M. public relations chief announced the song expressed the automaker's feelings about operations in the region as being there to stay.
Chapter 11
General Motors filed for chapter 11 bankruptcy Monday to protect itself from creditors4 while the heavily indebted corporation is restructured with the U.S. government owning the majority of new shares.
General Motors Southeast Asia Operations President Steve Carlisle said the restructuring only applied5 to the company's U.S. operations and its overseas units in Southeast Asia would not be directly affected6.
"As I have mentioned before, we are separate entities7 from GMC and have the capability8, resource, and technology to continue our operations and grow," Carlisle said. "A good example is G.M. Asia Pacific, which recorded unprecedented9 growth in the first quarter of this year, and all indications point to the continuation of this trend for the rest of 2009. We believe growth potential in this region to be tremendous once the economy recovers."
Sales down in some countries
Auto markets in Thailand, Malaysia, and the Philippines are down 30 to 50 percent from last year and Carlisle says G.M. sales are in line with those drops and other market slumps10 in Southeast Asia. Although, G.M. sales were up in Indonesia by nearly 20 percent.
Carlisle said slowing demand is likely to close some car dealers11 in the region.
He said cutting costs is a big concern and acknowledged that a G.M. plant in Thailand had paused production for two weeks after a drop in consumer demand.
But he said no layoffs or closings are planned and G.M. production in Thailand would continue to expand.
"Previously13 we announced the diesel14 engine and the pick-up would start up in the middle of 2011. So, we are still on track according to that timeline," he said.
G.M. Southeast Asia Vice15 President for Sales Antonio Zara said sales in Thailand have been on the rise since March and the company's market share had returned to about the same as last year.
"And, despite all the negative coverage16 we are getting due to the G.M. news in the U.S., we are opening new show rooms, we are launching various campaigns to enhance customer services in after sales support," Zara said.
G.M. Southeast Asia President Carlisle said consumer sentiment was a challenge. He said the company is negotiating with Thai banks for loans to carry on production and marketing17 plans.
1 bankruptcy | |
n.破产;无偿付能力 | |
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2 auto | |
n.(=automobile)(口语)汽车 | |
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3 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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4 creditors | |
n.债权人,债主( creditor的名词复数 ) | |
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5 applied | |
adj.应用的;v.应用,适用 | |
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6 affected | |
adj.不自然的,假装的 | |
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7 entities | |
实体对像; 实体,独立存在体,实际存在物( entity的名词复数 ) | |
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8 capability | |
n.能力;才能;(pl)可发展的能力或特性等 | |
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9 unprecedented | |
adj.无前例的,新奇的 | |
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10 slumps | |
萧条期( slump的名词复数 ); (个人、球队等的)低潮状态; (销售量、价格、价值等的)骤降; 猛跌 | |
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11 dealers | |
n.商人( dealer的名词复数 );贩毒者;毒品贩子;发牌者 | |
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12 layoffs | |
临时解雇( layoff的名词复数 ); 停工,停止活动 | |
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13 previously | |
adv.以前,先前(地) | |
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14 diesel | |
n.柴油发动机,内燃机 | |
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15 vice | |
n.坏事;恶习;[pl.]台钳,老虎钳;adj.副的 | |
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16 coverage | |
n.报导,保险范围,保险额,范围,覆盖 | |
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17 marketing | |
n.行销,在市场的买卖,买东西 | |
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