GM wins race for car deal in ChinaGM wins race for car deal in China

Industry watchers say General Motors Corp.'s aggressive export plan helped the automaker win the bidding war with Ford Motor Co. for a midsize sedan/minivan assembly project with Shanghai Automotive Industry (Group) Corp. (SAIC). The GM-SAIC deal could include construction of an assembly plant in Shanghai capable of producing at least 100,000 vehicles per year, as well as a new engine and transmission factory. GM will build a midsize sedan based on the next-generation Buick Regal or Century, and also wants to build its upcoming revamped front-wheel-drive minivan.