General Motors and its Chinese joint-venture partners, SAIC and Wuling, have announced a new seven-passenger minivan for the world's most populous country.
While the German automakers – and Buick – mop up outrageous demand for their wares in China's major metropolitan and coastal cities, General Motors wants to be the nameplate of choice in the secondary cities and the interior. And now in conjunction with its joint-venture partners SAIC and Wuling, it has launched another nameplate: Baojun. Meaning "treasured horse," Baojun is the low-cost brand that will sell passenger cars built in China for priced in the area of $7,000.
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