GM Shanghai Cadillac Plant Opens as China Hit by Lapse in Luxury

GM Shanghai Cadillac Plant Opens as China Hit by Lapse in Luxury

SHANGHAI— General Motors Co. GM 0.44 % on Thursday opened a $1.2 billion plant in Shanghai to build premium-brand Cadillac cars targeting a luxury market that has been pressured by China's economic slowdown. The facility, operated by U.S.-based …

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