Companies / China
GM Taps Potential In Rural Areas
February 2010 | Company News AlertUS carmaker General Motors Company (GM) has revealed its plans for growth in the Indian market, after its Chinese partner Shanghai Automotive Industry Corp (SAIC) took a 50% stake in GM India at the end of 2009. A key area for the joint venture is the rural market, which according to GM India's president and managing director, Karl Slym, now contributes much more to total sales than in earlier years.
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