and SAIC-GM-Wuling Automobile Co. in 2002.
 

GM and its joint ventures sold about 1.1 million vehicles in China in 2008, up 6.1 percent year-on-year.



Vehicle production will take place at facilities in Qujing, Yunnan province,louboutin pas cher, owned by FAW affiliate Hongta Yunnan Automobile Manufacturing Co.,louboutin, and in Harbin, Heilongjiang province, at FAW's Harbin Light Vehicle Co.
1 yuan = 14 U.S. cents
Full article in Chinese: http://www.caijing.com.cn/2009-08-31/110234979.html

GM and its joint ventures sold about 1.1 million vehicles in China in 2008,christian louboutin pas cher, up 6.1 percent year-on-year.

FAW sold 1.5 million vehicles and booked revenue of 218.4 billion yuan in 2008.
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The venture will focus on the production and sale of light-duty trucks and vans,christian louboutin, it said.
The partnership "will address demand in China and other markets for high-quality, affordable products in one of the industry's most robust segments, while complementing the portfolio of products that GM and FAW currently offer,ralph lauren pas cher," Nick Reilly, executive vice president of GM International, was quoted as saying.

(Caijing.com.cn) General Motors and FAW Group,polo ralph lauren pas cher, China's second-largest automaker, formed a joint venture to produce light commercial vehicles,franklin and marshall, GM said in an Aug. 30 statement.

The partners invested a combined 2 billion yuan for 50:50 stakes in FAW-GM Light Duty Commercial Vehicle Co., which is based in northeast Jilin province with registered capital of 1.2 billion yuan,franklin et marshall, GM said.
By staff reporter Yang Liyuan

FAW Group has 20 wholly owned subsidiaries and holds stakes in 14 other companies in China. Its foreign partners include Germany's Volkswagen and Japan's Toyota and Mazda.

GM has nine joint ventures and two wholly owned subsidiaries in China. It teamed up with China's largest automaker Shanghai Automotive Industry Corp. Group, to form Shanghai General Motors Co. in 1997, and SAIC-GM-Wuling Automobile Co. in 2002.
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