GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends
Green Car Congress
APRIL 21, 2014
GM’s focus will be on answering the growing demand for luxury vehicles, SUVs, multi-purpose vehicles (MPVs) and smaller passenger cars. The SUV market will reach 7 million by 2020, or triple what it is today. GM will add 11 new SUVs between now and 2018. MPV sales will likely double to 2.8 million by 2020, from about 1.4
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