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New Cadillac XTS helps re-develop GM’s strategy in China

Published: February 26, 2013

GM FleetAccording to Gasgoo.com, Shanghai  General Motors released the new Cadillac XTS this week. American cars entering the international playing field represent competition for the 89% German-owned market:

Shanghai GM plans to sell 100,000 Cadillacs in China in 2015. 250 Cadillac dealerships, as well as a new factory and experience center, are planned to be established by that year. The JV aims for the brand to control a ten percent share in the country’s luxury car market by 2020.

Click here to read the rest of the article at Gasgoo>>

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