GM raises goal for China parts

By Julie Armstrong, Automotive News

Detroit, Michigan-Now that General Motors believes the quality of Chinese-made parts is rising, the automaker will sharply increase the purchase of Chinese components for use in its assembly plants around the world.

In five years, the company expects to buy $4000 million worth of Chinese parts annually for GM assembly plants outside China, up from $200 million last year. It expects to use an additional $6000 million in Chinese parts for its operations in China, more than double last year’s…

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