General Motors will build Cadillacs in China it has been announced. GM’s fancy car that first cranked up in Detroit more than a century ago will now try to exploit a Chinese taste for luxury by building the top-of-the-line vehicle at its joint venture factory in Shanghai. Plans call for the 8 billion yuan ($1.3 billion) factory in Shanghai to begin production in 2015 with an annual capacity of 150,000 vehicles, according to GM spokeswoman Dayna Hart. GM sells imported Cadillacs in China but the luxury market is dominated by Germany’s Mercedes Benz, BMW and Audi. GM intends to send the Caddy where the Buick has previously gone. Buick is among the best-selling cars in China and in Shanghai it is impossible to count the Buicks on the streets.
