General Motors' luxury Cadillac brand is enjoying strong growth in China, t...
A woman walks past a board with a sign of Cadillac of GM during the media day for Shanghai auto show in Shanghai, China April 16, 2019. REUTERS/Aly Song
- General Motors’ luxury Cadillac brand is enjoying strong growth in China, the No.1 U.S. automaker said at a conference on Wednesday in New York. GM Cadillac President Steve Carlisle said that Cadillac would expand its network of dealers to 500 in China by 2025. The U.S. automaker will launch a new product every 6 months for the next 3 years in China, Carlisle said at a Bank of America Merrill Lynch conference.Sales of the Cadillac brand in China rose 17.2 percent in 2018, and GM’s Chief Executive Mary Barra has said that the company aims to sell 1 million electric vehicles per year by 2026, many of them in China, which has set strict production quotas on such vehicles.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
No-frills no longer: GM's China brand Baojun attempts a major makeoverBy many measures, General Motors' China brand Baojun has been an exceptiona...
और पढो »
Alibaba's South China Morning Post readies its US push as it hunts for 'China-curious' readersThe Hong Kong-based publication believes that the time is right for its US expansion, with China-US trade talks and interest in them heating up.
और पढो »
Asia relieved as China data point to recoveryAsian share markets swung higher on Wednesday as a raft of Chinese data easily b...
और पढो »
China producer inflation picks up for first time in nine months, eases deflation worriesChina's factory-gate inflation picked up for the first time in nine months ...
और पढो »
Mom of 3-year-old model in China sorry over apparent beatingBEIJING (AP) — The mother of a Chinese child model has apologized after videos of her appearing to beat her daughter appeared online, sparking outrage. Videos surfaced online this week...
और पढो »
Opinion | Russia and China are outwitting AmericaThe struggle isn’t about tech or weapons. It’s about statecraft.
और पढो »
Exclusive: U.S. waters down demand China ax subsidies in push for trade deal - sourcesU.S. negotiators have tempered demands that China curb industrial subsidies as a...
और पढो »
Trump warns of 5G competition, but no mention of China or HuaweiAmid ongoing trade talks with Beijing, President Donald Trump heralded the success of the American private sector for building 5G while warning of foreign competition, but in a marked departure for his administration made no specific mention of China.
और पढो »
Pompeo, Chile's Pinera discussed Venezuela, trade war with ChinaU.S. Secretary of State Mike Pompeo and Chilean President Sebastián Piñera discu...
और पढो »
Pompeo slams China, Russia involvement in VenezuelaU.S. Secretary of State Mike Pompeo on Friday accused China of aiding Venezuela&...
और पढो »