After protracted negotiations, General Motors Corp. finalizes a deal giving the No.1 auto maker access to China’s burgeoning, low-priced minivehicle market. The deal gives GM a substantial market-share increase in the world’s most coveted emerging market. GM in a 3-way agreement is investing more than $30 million for a 34% stake in SAIC-Wuling Automotive Co. Ltd., which was formed last July between China’s leading auto maker, Shanghai Automotive Industry Corp. (SAIC) and minivehicle ...
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