GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends
Green Car Congress
APRIL 21, 2014
In conjunction with the start of Auto China 2014 in Beijing, GM China President Matt Tsien announced that GM’s China joint ventures will make capital expenditures of about $12 billion between 2014 and 2017. China has been GM’s largest market since 2010, last year accounting for about one-third of its global sales. million last year.
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