Volkswagen followed the next year with its joint venture in Shanghai, and General Motors established Shanghai GM in 1997.

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Mahindra has its work cut out turning around moneylosing SsangYong, which was languishing under its previous owners, most recently China's state-owned automaker Shanghai Automotive (SAIC, the General Motors partner in China).

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On Apr. 20 General Motors' Rick Wagoner unveiled a new Buick model at the Shanghai Auto Show, at an event Carlson ran.

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