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General Motors Is Creating an Import Business to Send Certain Iconic Vehicles to China

The business, which GM is calling a start-up within the company, will focus on vehicles and potentially brands that are currently not available in that market.

BMW Says 2021 Profit Surged as It Favored Higher-Margin Vehicles During Chip Shortage

In a preview of its full-year results, BMW said that it generated record revenue and profit in 2021 despite higher spending.

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