China: SAIC-GM-Wuling plans output rise and new brand

SAIC-GM-Wuling Motor Co has announced plans to increase output and launch its own passenger car brand. GM’s joint venture in China for minivans is a three-way joint venture between GM (34%), SAIC (50.1%) and Liuzhou Wuling (15.9%). The JV plans to increase annual production at its Liuzhou plant by a third It’s time to log … Continued

• By Webmaster
• May 24, 2010