Shanghai General Motors Corp., a Sino-US joint venture, has introduced an upgraded Buick to the Chinese market.
The new car, the 2003 Buick GL8, is equipped with double roof windows, smart device for backing and DVD film sets.
The 2003 Buick GL8 comes in three models, namely, the GL, the LT and the CT, which are sold at prices ranging from 279,000 to 378,000 yuan (34,000 to 46,000 US dollars), according to the company.
The upgraded GL8 is expected to set off a new round of competition for this share of the domestic market, insiders said.
Shanghai GM is a 1.52-billion-US-dollar joint venture between the US-based General Motors and the Shanghai Automotive Industry Corporation. It is also the largest Sino-US joint venture.