GENEVA — When Shanghai General Motors Automotive Co. Ltd., GM's China joint venture, began producing Buick Regals last April, it was estimated that almost all of them would be purchased by national and local governments. That hasn't turned out to be the case, says GM Asia Pacific President Rudolph A. Schlais Jr. “A year ago, only 2% were being sold to private owners and private companies,” he tells FOCUS ON CHINA. “Now it's 35%.” Shanghai GM sold 22,000 Regals during its first nine ...
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