American car producer General Motors together with Chinese car giant SAIC will launch new development in May. New car named Baojun 310 Wagon has been built on the base of a famous Chinese hatchback Baojun 310. Having 1,2-liter gasoline engine and 5-speed manual box, car is positioned as a very low-cost. After the premiere at the Shanghai motor show that took place only couple days ago, new car has been ranked very high by the public. The price of such auto will be around $6000.
Since mid-April General Motors shares grew by 1,5% and continue growing. The trade will be available during American session from 14:40 to 21:00 GMT.
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