FRANKFURT – China is proving a profitable place to do business for General Motors Corp., generating a steady cash flow that can be re-invested in the country at a time when the No.1 auto maker needs all the cash it can get to fund operations back home in the U.S., says Rick Wagoner, GM chairman and CEO. Opel Insignia example of how global architectures can be leveraged. “Thank goodness we do have the chance to generate some cash in China,” Wagoner tells Ward’s. “Because, ...
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