GM to add four more plants in China by 2015: executive

Sat Apr 20, 2013 11:20am EDT
 
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SHANGHAI (Reuters) - General Motors Co (GM.N: Quote) will add four new plants in the next three years in China to bring its production capacity to 5 million vehicles a year, the head of GM China said on Saturday at the Shanghai auto show.

Bob Socia, head of GM China, said that the company and its joint venture partners will invest $11 billion in China by 2016, but did not break out the cost of the new plants.

(Reporting by Bernie Woodall and Norihiko Shirouzu; Editing by Kazunori Takada)

 
The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan in this file photograph taken August 25, 2009. REUTERS/Jeff Kowalsky/Files