GM will double its China manufacturing in a new $3 billion, yes billion, investment over the next three years the company announced today. GM will introduce many new vehicles to the Chinese market including the very American Cadillac, which will be built in Lansing, MI and Shanghai. Interesting figures in the expanded Detroit Free Press story include China as the world's third largest car market, even though there are only 16 cars & light trucks per 1,000 Chinese citizens. That's compared to 700 per 1,000 in the US. Still when you have 1.3 billion people those numbers add up.
GM Expanding in China
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