Fat Happy Chinese Buy Luxury Cars from GM and Rolls Royce

General Motors Corp launched a new luxury Cadillac in China last week.

The car maker rolled out four models of the Cadillac Seville Luxury Sedan (SLS) in Shanghai.

The price tags range from 500,000 yuan ($63.5K) to 750,000 ($95.3K).

Am I missing something or is GM way off the mark here?

Isn't China becoming more 'Green'? Aren't its citizens feeling the same crunch that all of us are?

Continue reading...