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In August, General Motors reached an agreement to jointly develop a range of low-displacement four-cylinder engines and efficient dual-clutch transmissions with one of its primary Chinese partners, Shanghai Automotive Industries Corp. (SAIC). Work on the engines and transmissions will take place at GM's powertrain center in Pontiac, MI and at the Pan Asia Technical Automotive Center (PATAC) in Shanghai.

General Motors has reached an agreement with one of its primary Chinese partners, Shanghai Automotive Industries Corp. (SAIC), on the joint development of powertrains for small vehicles.

General Motors has reached an agreement with one of its primary Chinese partners, Shanghai Automotive Industries Corp. (SAIC), on the joint development of powertrains for small vehicles.

Though the minuscule Tata Nano hasn't even been on the market for a complete year, the impact it's had on the automotive world may be exactly inverse to its size and price. In other words, it's had a huge effect, proving to the world that it's possible to build a business plan around selling super cheap cars in rapidly expanding markets.

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