As per McKinsey, China's luxury car market will swell to more than 3 million units sold by 2020 from 1.25 million sold last year. A 10% market share would mean 300,000 luxury cars sold annually by GM, which is huge, given the fact it sold fewer than 150,000 in the U.S. last year.
As per McKinsey, China's luxury car market will swell to more than 3 million units sold by 2020 from 1.25 million sold last year. A 10% market share would mean 300,000 luxury cars sold annually by GM, which is huge, given the fact it sold fewer than 150,000 in the U.S. last year.
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