www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Auto China

GM to battle VW in China with $12b investment

(Agencies) Updated: 2014-04-21 08:07

GM to battle VW in China with $12b investment

The grille of the Cadillac Elmiraj concept car as the vehicle is displayed during the press preview day of the North American International Auto Show in Detroit, Jan 14, 2014. [Photo/Agencies]

BEIJING - US car giant General Motors Corp (GM) plans to invest $12 billion in China from 2014 to 2017 and build more plants next year as it competes with aggressive rivals in the world's largest auto market.

GM expects its China sales to expand 8-10 percent this year, in line with the overall growth of the Chinese market, where foreign firms, such as Volkswagen AG, and domestic players like SAIC Motor Corp vie for more market share.

"We are investing wisely and accelerating our vehicle development and manufacturing to keep pace with market demand. In total we are investing $12 billion between 2014 and 2017," Matt Tsien, president of GM China, said at the Auto China show in Beijing.

GM to battle VW in China with $12b investment
GM planning lower-priced version of 2016 Chevy Volt 

GM to battle VW in China with $12b investment
GM avoided defective switch redesign in 2005 to save $1 each 

GM plans to build five more plants in China next year, as part of its efforts to ramp up manufacturing capacity there by 65 percent by 2020, executives said on Sunday.

Rival Volkswagen's early entry into China focused on rapidly-developing eastern provinces - now it plans to push into the west.

Audi which will target smaller megacities in central and western provinces to raise the number of dealerships by about half to 500 in the next three years, chief executive Rupert Stadler told Reuters.

"That's where new business is emerging, where things get rolling," Stadler said at the Beijing show. "We don't need more dealers in Beijing and Shanghai."

Western cities

China's auto market is set to expand 8-10 percent this year, slightly slowing from 2013 when it sold 21.98 million vehicles, up 13.9 percent from a year earlier.

Vehicle density in China's smaller cities offer lucrative growth prospects.

The average number of cars per 1,000 inhabitants in Ya'an, a city of about 2 million population in Sichuan province is 18, compared with 123 in first-tier coastal cities Shanghai and Guangzhou, according to VW's website.

GM to battle VW in China with $12b investment GM to battle VW in China with $12b investment
 Top 10 best-selling SUVs in Chinese mainland
Models at New York auto show
 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 一个人看的日本www的免费视频 | 久久久久久毛片免费观看 | 国产三级做爰在线观看 | 国产一国产一级毛片视频在线 | 日韩一区二区天海翼 | 国厂自拍 | 国产a级午夜毛片 | 成人黄色在线观看 | 国产精品制服 | 性感美女视频黄.免费网站 性高湖久久久久久久久 | 亚洲成人偷拍自拍 | 欧美日韩视频一区二区 | 91久久香蕉国产线看观看软件 | 久久99久久99精品观看 | 黄色三级国产 | 在线观看国产日本 | 国产一级特黄特色aa毛片 | 久草视频福利资源站 | 午夜三级理论在线观看视频 | 免费国产高清视频 | 成人免费真人毛片视频 | 美国大毛片 | 国产三级毛片 | 在线视频一区二区三区四区 | 国产精自产拍久久久久久 | 欧美a级毛片 | 超级香蕉97视频在线观看一区 | 精品一区二区高清在线观看 | 久久99精品久久久久久秒播放器 | 悟空影视大全免费影视 | 欧美日韩国产一区二区三区播放 | 免看一级一片一在线看 | 日韩国产精品欧美一区二区 | 日韩欧美精品一区二区三区 | 国产精品亚洲专区一区 | 在线观看国产精成人品 | aaaaaa精品视频在线观看 | 国产成人3p视频免费观看 | 久久99亚洲精品久久久久 | 亚洲成人手机在线 | 成人影院一区二区三区 |