GM expects competitive Chevy Volt pricing in China


SHANGHAI, Aug 31 (Reuters) - General Motors [GM.UL] expects competitive pricing for its electric Chevrolet Volt in China as it hopes to gain a foothold in China's fledgling environmentally friendly car industry with the highly anticipated car. Kevin Wale, president and managing director of GM China, said the launch of Chevrolet Volt, expected in the second half of 2011, is key to the Detroit-based carmaker's broader strategy to grow its electric car business in China after Beijing unveiled ...

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