Washingtonpost - blogs

On Sunday, General Motors, which has already sunk about $1.6 billion into four car-making ventures in China, announced its latest move -- plans to buy an engine factory in the eastern province of Shandong from South Korea's bankrupt Daewoo. GM and its partner, Shanghai Automotive Industry Corp., intend to refashion the factory to produce about 300,000 engines a year for domestically made ... ................
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