GM China, Shanghai GM and Shanghai Automotive Group, Shanghai Automotive Industry Co., Ltd. under a joint venture recently set up a new used cars Shanghai Prudential Management Company Limited. GM China and Shanghai GM, a new second-hand cars accounted for Prudential 33% stake in the company. Prudential will provide a new Buick, Chevrolet, Cadillac and other brands used car purchase, repair, certification and marketing services. Prudential new program next year in Beijing, the Yangtze River Delta, Pearl River Delta and Shandong Province has established four second-hand depot and depot within 5 years will be expanded to 20 second-hand. GM China President and Managing Director Kevin Wale (Kevin Wale) said: "We have set up a joint venture company will be second-hand cars used car sales in the country adopt uniform standards and services markets, so that consumers enjoy the ease of second-hand car service Services. " GM and SAIC in China, there are other nine joint ventures, business areas, including automobile sales and transmission manufacturing, engineering and design, auto finance and car communication systems.

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