Shanghai GM to sell locally developed Chevrolet-badged small car next week
A subcompact car priced 60,000-70,000 yuan ($8,785-10,249) has arrived at Chevrolet dealerships across China, according to information Shanghai General Motors Co. released on its Web site.
New sail
Fitted with 1.2-liter S-TEC II or 1.4-liter S-TEC III gasoline engines, the car will officially go on sale on January 11. It will be available in both manual and automatic transmission versions.
The Chevrolet-badged car is the first model developed by Pan Asia Technical Automotive Center Co. (PATAC), GM's auto design and development subsidiary in Shanghai. It is built at Shanghai GM's Dongyue plant in east China's Shandong province.
The New Sail has been developed for customers in China and has great potential in other emerging markets, said former GM CEO Fritz Henderson when he visited China in October.
