Skip to comments.GM unveils first model of new China car brand
Posted on 04/18/2011 6:44:27 AM PDT by 2ndDivisionVet
General Motors unveiled the first model of its new car brand aimed specifically at China on Monday, aiming to strengthen its sales lead in the world's top auto market by wooing middle-class drivers.
The Baojun 630, an affordable yet sporty 1.5-litre-engine sedan, has been produced by GM and its partners Shanghai Automotive Industry Corporation Group and Wuling Motors and was unveiled ahead of this week's Shanghai Auto Show.
"GM is proud to be introducing our newest brand to the people of China," said Kevin Wale, president and managing director of the GM China Group.
"The Baojun 630 will address the growing demand across the country for affordable personal transportation."
The compact sedan will be priced between $10,000 and $15,000, Wales said.
It was designed for young drivers in China's second- and third-tier cities in the country's vast interior, which are home to tens of millions of people with growing buying power.
Having already conquered China's coastal areas and first-tier cities such as Beijing and Shangahi, carmakers are increasingly looking inland to extend their phenomenal growth in a market that saw sales rise more than 32 percent to 18.06 million units last year.
China overtook the United States as the world's top car market in 2009. GM is the leading foreign automaker in the country as measured by sales.
Baojun, whose name translates to "treasured horse", will go on sale later this month through a network of 150 dedicated dealerships across the country....
(Excerpt) Read more at breitbart.com ...
well...they are a Chinese-owned company...
More like trojan horse.
The joke's on them when the steering wheels fall off.
Oddly enough, the Chinese know how to build a car that doesn't do that. You know, like we used to.
First, I'm not disagreeing with you, so please don't think i'm arguing. I saw an article header saying how China had bought GM. I could never find any articles supporting that or anything. Could you give me some sources saying GM is China owned? It'd be really helpful. Thanks.
owned by Obama et al...a wholely owned debt slave of the Chinese government...
So UAW-owned General Motors is sending jobs to China?
‘Baojun’, translated as “s**tbox”.
So GM is selling the Chinese gas powered cars but Americans are given the Volt?
‘Zackly. Go figure.
That’s a nice GM product. I wonder if it has “OnStar”, the tracking “security” system.
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