SHANGHAI — Shanghai General Motors Automotive Co. Ltd. plans to have 80% of its parts supplied locally by 2001, a GM official says. The Chinese-U.S. joint venture, which reportedly had a parts localization rate of 50% last year, plans to continue developing local-parts supply bases in China. Shanghai-GM's 1999 Buick sales reached 20,000 and the JV is expected to produce 40,000 of the mid-size sedans this year. Shanghai-GM has purchased heating and ventilation units and front- and ...
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