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General Motors will continue to increase the investment in China


Gasgoo.com ĘC In accordance with the report by Detroit News on Mar. 4th, the sales of General Motors in February in China was 261,000, increasing by 1.3% and GM plans to increase the investment to build new factories to take the opportunity in Chinese market.

In February, the sales volume of Buick was 59,000, declining by 0.1%. The sales of Chevrolet was 47,500, increasing by 2.5%. The data of Cadillac was 5,959 and 36.1%. For Baojun, the data was 27,500 and 391.6%. The sales volume of Wuling brand cars was 120,600, increasing by 11.9%.

Mr. Stevens, who is the CFO of General Motors, says General Motors will investment 14 billion USD before 2018 and build 4 new auto assembly plants and 2 power assembly plants.



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