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GM China JV feels auto slump (from Corporate Dealmaker)

The economic slowdown in China is being felt by General Motors Corp.'s passenger vehicle joint venture. Shanghai General Motors Corp., the crippled giant's joint venture with SAIC Motor Corp., on Monday posted a 7% drop in 2008 sales. Overall, GM sales in China rose 6% in 2008, carried by sales...

Posted on January 6, 2009 2:30 PM

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