US automakers aim for luxury market in China
Detroit (AFP) Nov 27, 2014 - China is the new El Dorado for US automakers looking to develop sales of their luxury brands, which globally are lagging behind German and Japanese competitors. General Motors, the largest US automaker, already sells more cars in China each month than it does in its home market and expects that to continue. "Our joint ventures in China are working to boost production capacity by 30 perce ... more
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