GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends
Green Car Congress
APRIL 21, 2014
China has been GM’s largest market since 2010, last year accounting for about one-third of its global sales. Some of the $12 billion investment will fund the launch of more than 60 new and upgraded vehicles coming to market through 2018. The SUV market will reach 7 million by 2020, or triple what it is today. million last year.
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