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GM and its joint ventures in China posted record sales during the first half of the year and June.
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GM and its joint ventures in China posted record sales during the first half of the year and June.

China’s auto lobby has fiercely opposed a possible move by Beijing to ease restrictions on foreign ownership in the car industry, saying that the move would seriously weaken the position of domestic carmakers.

Daimler AG would like to expand its cooperation with Tesla Motors Inc, a top executive from the Mercedes-Benz parent company said.