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GM seeks to cozy up with SAIC

By Li Fangfang | 皇冠体育app Daily | Updated: 2009-12-23 08:06

GM seeks to cozy up with SAIC

A SAIC-GM-Wuling factory in the Guangxi Zhuang autonomous region. GM is in talks with the Guangxi government to boost its holding in SAIC-GM-Wuling to 44.9 percent from the current 34 percent, according to SAIC's top official. Du Wei

General Motors (GM), the largest foreign automaker in 皇冠体育app, is considering purchasing an additional 10.9 percent stake in the nation's mini-commercial vehicle sales leader, SAIC-GM-Wuling, said an executive at its Chinese partner Shanghai Automotive Industry Corp (Group), or SAIC.

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