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GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends

Green Car Congress

China has been GM’s largest market since 2010, last year accounting for about one-third of its global sales. Investments in GM’s quality growth will include the opening of five new manufacturing facilities by the end of 2015: four vehicle assembly plants and one powertrain plant. MPV sales will likely double to 2.8

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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 Following the steep decline in US industry sales in December 2008 and January 2009, GM responded by further lowering its forecast for 2009 US industry sales to 10.5

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