GM agrees to a 50-50 JV with Chinese automaker FAW Group. GM will invest 2B yuan ($293M) to make...

|By:, SA News Editor

GM agrees to a 50-50 JV with Chinese automaker FAW Group. GM will invest 2B yuan ($293M) to make light-duty trucks and vans in the northeast China city of Changchun, primarily for sale in China though some could be exported in the future.