GM Sells China-Only Sedan to Woo First-Time Buyers
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General Motors Co., China’s largest overseas automaker, introduced its first sedan under a new China-only brand to cater to entry-level buyers in the world’s largest auto market.
The four-door 1.5-liter Baojun 630 sedan will go on sale today, with prices from 62,800 yuan ($9,750) to 73,800 yuan, according to the company. The car will be available in three variants and sold to 120 dealers in eight cities, including Zhengzhou, Nanning, Changsha and Harbin.