GM to Sell Cadillacs in China

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General Motors announced that it will begin selling Cadillacs to China. It's an attempt by the automaker to further its share of what some call the fastest growing auto market in the world.

There are over a billion consumers in China, and while most are low to moderate income, GM feels their luxury line will make for big gains.

The company plans to sell the XLR and Lansing built CTS and SRX.

The impact means an additional 3,500 cars produced this year says the manager of the Grand River Assembly plant.

However, the additional demand does not mean additional jobs or increased job security locally.