GM Said to Seek Deals in China to Reach 5 Million Goal
The Chinese auto industry is overdue for consolidation and General Motors Co. (GM), with local partner SAIC Motor Corp., is interested in acquiring ailing automakers, according to four people familiar with the companies’ thinking. GM, already the top foreign carmaker in China, aims to increase sales by about 75 percent by 2015 to 5 million, [...] View the full post at: GM Said to Seek Deals in China to Reach 5 Million Goal Related posts: China Posts Record Vehicle Sales in March Ford Boosts Market Share Automakers Seek Federal Help; Risk of 8% Unemployment
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