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