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GM plans massive investment in China
(Agencies)
Updated: 2004-06-07 16:39
A Chinese worker checks a Buick car before it
rolls out of a production line of Shanghai GM, a joint venture between
U.S. auto giant General Motors and China's number two auto maker Shanghai
Automotive Industry Corp. General Motors, the world's top car maker, will
invest over US$3 billion in China over the next three years to more than
double capacity, intensifying a battle with Volkswagen in an increasingly
profitable China market. [Reuters]
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A Chinese worker assembles a Buick car at a
production line of Shanghai GM, a joint venture between U.S. auto giant
General Motors and China's number two auto maker Shanghai Automotive
Industry Corp. [Reuters] |
Chinese workers assemble Buick cars at a
production line of Shanghai GM. [Reuters]
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A Chinese worker checks a Buick car before it
rolls out of a production line of Shanghai GM.
[Reuters] |
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