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GM says "significant" interest in asset sales

Wed Aug 13, 2008 3:46am EDT

RAYONG, Thailand, Aug 13 (Reuters) - General Motors Corp GM.N chairman Richard Wagoner said on Wednesday he was seeing "significant interest" in the company's plan to sell Up to $4 billion in assets. "Frankly, we are getting some significant interest in our asset sales, including Hummer, but probably it won't be concluded imminently," Wagoner told a news conference at the launch of a new engine plant in eastern Thailand.

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Separately, GM Asia-Pacific president Nick Reilly said the No. 1 U.S. auto maker was on track to sell 1.2 million units in China this year. (Reporting by Arada Therdthammakun and Viparat Jantraprap, Writing by Ed Cropley; Editing by Alan Raybould)

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