Monday, July 19, 2010

GM's low cost China venture launches car brand

General Motors Co.'s minivehicle venture in China will produce cars for the world's biggest auto market under the Baojun brand. SAIC-GM-Wuling, a three-way venture of GM, its main Chinese partner Shanghai Automotive Industry Corp. and low-cost manufacturer Wuling Motors, said the new line of cars will address growing demand in China from new, entry-level car buyers.---...More

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