GM (GM) has fired back at a WSJ op-ed calling the carmaker "General Tso Motors," saying that it...

|About: General Motors Company (GM)|By:, SA News Editor

GM (GM) has fired back at a WSJ op-ed calling the carmaker "General Tso Motors," saying that it plans to invest $16B in the U.S. through 2016. That would add to the $8.5B spent since 2009 and would be well above the $11B that GM and its joint ventures plan to invest in China over the next three years. In April, sales of vehicles from GM and its JVs climbed 15.3% on year to 261,870, accelerating from a rise of 12.6% in March.