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. 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.
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