GM to build new Cadillac plant in China - Dallas News | myFOXdfw.com

GM to build new Cadillac plant in China

Posted: Updated:
(WJBK|myFOXDetroit.com) Cadillac ATS (WJBK|myFOXDetroit.com) Cadillac ATS
DETROIT, Mich. (AP) -

General Motors Co. confirms that it's building a new Cadillac factory in China.
 
   GM will start building the $1.3 billion plant next month in Shanghai's Jinqiao zone. It will produce 150,000 vehicles per year.
 
   The auto maker recently received regulatory approval for the new plant.
 
   GM currently makes just one Cadillac -- the XTS sedan -- in China. Production began in February at a plant in Shanghai.
 
   The company won't say which models will be made at the new plant, but has said it plans to introduce one locally made Cadillac each year through 2016.
 
   GM is trying to increase Cadillac sales in China, where the luxury market is dominated by European brands. Cadillac's China sales doubled in April to 4,000 vehicles, or around 1.5 percent of GM's total sales.

Powered by WorldNow

KDFW FOX 4
400 N. Griffin Street
Dallas, Texas 75202

Main Station Directory:
(214) 720-4444
News Fax:
(214) 720-3263 or (214) 720-3333

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices