GM has announced plans to include Cadillac in its Shanghai operations from 2004, according to China-based research company Access Asia. The car giant expects to start manufacturing Cadillac's CTS model in Shanghai with its Chinese partner, Shanghai Automotive Industry Corporation. This will probably involve a new $US241 million plant to expand current production capacity.
The car giant expects to start manufacturing Cadillac’s CTS model in Shanghai with its Chinese partner, Shanghai Automotive Industry Corporation. This will probably involve a new $US241 million plant to expand current production capacity.
GM and Shanghai Automotive Industry Corporation each hold 50% in Shanghai GM and the new plant could begin operations as early as 2005, raising production capacity to 200,000 units per year.
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