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Cadillac plans production plant in China

20/06/2013

Shanghai General Motors is to build a Cadillac plant and a technical automotive centre in Shanghai, costing about 8 billion yuan ($1.3 billion). The plant has a planned annual production capacity of 160,000 vehicles and will boost the US marque’s footprint in Asia. Cadillac CEO Daniel Akerson estimated the size of China's auto market will be 30...

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