GM launches low-cost Baojun sedan in China

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General Motors has launched a new low-priced sedan in China as part of a push to develop new business in untapped areas of the world's largest automobile market.

On August 9, GM said the Baojun 630 is initially being targeted at drivers in the country's second and third tier cities outside the major markets of Beijing, Shanghai and Guangzhou.


The Baojun 630 will be equipped with a 1.5-liter engine and come in three models that range in price from 62,800 to 73,800 yuan ($9,760 to $11,470).

GM sells passenger cars and commercial vehicles in China under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In the first half of this year, GM's China ventures sold a record 1.27 million cars.

[Via Miamiherald]