国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

GM rolls out new Cadillacs in China

(AP)
Updated: 2006-11-11 10:52


A model poses next to General Motors' new Cadillac SLS during the launch ceremony in Shanghai, China, November 10, 2006. [AP]

Beijing -- General Motors Corp. on Friday launched four new Cadillac models in China, highlighting the country's growing market for luxury automobiles.

Related readings:
Second Top Marques Shanghai opens
 GM to make Cadillacs in China
 GM gears up its Cadillacs in China
The world's largest automaker said the Cadillac Seville Luxury Sedan, also known as the SLS, will be priced between 500,000 yuan and 750,000 yuan (US$63,580 to US$95,340).

The Cadillac SLS is the sixth generation of the classic Cadillac Seville, which was launched three decades ago, a GM China statement said.

GM said Chinese demand for high-end cars was expected to strengthen in the coming years.

Luxury car sales in China rose 24.5 percent in the first eight months of the year, and annual demand for high-end passenger sedans is expected to reach 300,000 units by 2010, the statement said.

General Motors' new Cadillac SLS is unvailed during the launch ceremony in Shanghai, China,
General Motors' new Cadillac SLS is unvailed during the launch ceremony in Shanghai, China,November 10, 2006. [AP]

Other luxury car makers including Britain's Bentley, a unit of Volkswagen AG, have seen sales surge in China as racing economic growth creates a wealthy elite.

Rolls-Royce said in a report Thursday that China has become the automaker's No. 3 market after the United States and Britain, due to its growing class of entrepreneurs, and that it was adding 200 employees to meet demand from China for its $380,000 Phantom.

GM, beset by sluggish sales and crippling legacy costs, needs China to provide growth it won't find in the US and other Western markets as it engineers its comeback.

While it's closing plants and trimming production in North America, GM is pouring more money into China -- with plans to spend US$3 billion in 2004-2007. It already has five vehicle factories and one engine plant and an auto financing venture, and is quickly expanding dealerships.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
沾化县| 岳池县| 巴楚县| 昆明市| 西林县| 石台县| 定襄县| 酒泉市| 汉寿县| 集安市| 牟定县| 武城县| 满城县| 仪陇县| 南召县| 漾濞| 蒙山县| 梅河口市| 临江市| 镇雄县| 黑河市| 平乐县| 通州区| 利津县| 昂仁县| 绥中县| 保康县| 呼图壁县| 日照市| 三原县| 二连浩特市| 德保县| 江华| 铜山县| 长葛市| 洪雅县| 柯坪县| 博野县| 盐城市| 石狮市| 民县|