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GM, Ford, to Export Thousands of Vehicles to China

The top two US automakers have announced plans to export thousands of vehicles to China as the country moves to open up its market to foreign competition.  
 
General Motors and Ford announced they have signed agreements with their joint venture partners in China to export vehicles to the country between now and 2006.

GM says it will export more than 5,000 of its luxury Cadillac and Buick models in 2004 and 2005, both through its China-based subsidiary, GM China, and independent Chinese importers.

The deals have a combined value of US$1.3 billion.

Meanwhile, Ford says it will begin shipping the first of 5,250 US-built units later this year under newly granted export licences.

(CRI November 13, 2003)

GM Gears up Its Cadillacs in China
Auto Big Names Eye China Market
New GM Mid-sized Car Hits Chinese Roads
China's Auto Industry Benefits World: Ford Executive
Ford Driving on Fast Track with New Small Cars
Shanghai GM Produces, Sells over 100,000 Buicks
Shanghai GM to Export Car Engines
Ford to Export New Model to Country
Ford Gets Foothold in China's Market
Ford Gets Foothold in China's Market
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