GM debuts 3 new models for China

General Motors unveiled three new models made for the China auto market Tuesday, bringing its total number of GM models in China to 24, AP reported. The company displayed its new Buick Enclave SUV, Chevrolet Cruze sedan and Cadillac CTS-V in Guangzhou. GM, which is in danger of going bankrupt, is looking to China and other emerging markets to make up for declining sales in the US and Europe. Auto sales growth in China has slowed in recent months, with total growth for 2008 projected at 8%, down from 22% in 2007. Robert Socia, vice president of Shanghai General Motors, one of GM’s eight mainland joint ventures, said he expects passenger car sales in China to recover to about 10% growth in 2009. The Cruze will be made in Shanghai, as well as other locations around the world, while the Enclave and Cadillac CTS-V will be imported from the US.