General Motors cuts prices in China as sales slow down

General Motors (GM) has cut vehicle prices in China due to slowdown in the world’s No. 1 automotive market.
According to Shanghai General Motors Co., GM’s local joint venture, it has lowered prices by up to 53,900 yuan (USD 8,700) on 40 GM models including Buick, Chevrolet and Cadillac brands. Through the price adjus....

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