GM to launch telematics service in China in 2009

Newswire

SHANGHAI, Nov 29 (Reuters) - General Motors Corp will provide in-vehicle safety, security and communications services in China, the world's second-largest auto market, from 2009 via a local joint venture, the automaker said on Thursday. GM subsidiary OnStar and the sales arm of GM's China partner, Shanghai Automotive Industry Corp Group, will each hold a 40 percent stake in the venture, Shanghai OnStar Telematics Co. Shanghai GM, the parent companies' carmaking venture, will hold the ...

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