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Showing posts with label auto market. Show all posts
Showing posts with label auto market. Show all posts

May 11, 2014

GM to invest $12 bn in China and plans more plants

BEIJING: US car giant General Motors Corp (GM) plans to invest $12 billion in China from 2014 to 2017 and build more plants next year as it steps up its presence to compete with aggressive rivals in the world's largest auto market.