SHANGHAI — With its sites set on becoming one of the world's top 500 companies by 2005, Shanghai Automotive Industry Corp. (SAIC) unveils an aggressive product development schedule geared at achieving its five-year goal. SAIC Chief Operating Officer Hu Maoyuan says the auto-maker's plans include producing a new car model every year, either with one of its joint-venture partners, Volkswagen AG or General Motors Corp., or on its own. Shanghai General Motors Automotive Co. Ltd., the JV with ...

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