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SHANGHAI (Reuters) – General Motors (GM.N) plans to more than threefold its income in China to around 5 meg units by 2015, its China head said on Monday, unveiling the company's five-year plan for the world's large machine market.

In a briefing aweigh of the Shanghai Auto Show, which launches on Tuesday, GM China honcho Kevin Wale said GM designed to introduce whatever 60 newborn and upgraded models in China over the incoming fivesome eld -- about 12 of them existence Buicks and 15 Chevrolets.

Wale said GM module travel up engineering, creation investment and another items in China to between $5 1000000000 and $7 1000000000 in the incoming fivesome years.

The 2015 direct would be up from 2.35 meg units oversubscribed by GM in China in 2010. In the preceding digit years, GM more than multiple its volume in China.

"We've ordered battleful goals with our five-year plan. We are confident that we module attain every digit of our goals," Wale told reporters.

The Detroit-based maker over the incoming fivesome eld plans to expand production power of light trucks and commercial vehicles in China to 3.7 meg vehicles annually, up from the current 2.8 meg capacity.

"We'll keep on expanding facilities wherever we can," Wale said.

GM is hunting to touch a mart that it expects module move to acquire strongly, modify though it haw andante from terminal year, when the container mart expanded by one-third.

GM and its rivals are actuation discover newborn models for the Asiatic market, hunting to gain a achievement specially in the small cities where such of the growth is expected over the incoming fivesome years.

"We still expect the mart to acquire between 10 to 15 proportionality this year," Wale said, referring to the broader China market.

As part of its plans, GM aims to impact with topical relation SAIC Motor Corp (600104.SS) to amend next-generation automobile container (EV) architecture modified to the Asiatic market, Wale said, adding that GM aimed to physique shelling automobile vehicles in China.

GM plans to start the newborn Baojun brand, which it is producing finished a venture with SAIC in southern China, at 150 dealerships and to expand quickly, he said.

GM also unveiled targets for another markets.

Tim Lee, chair of GM's planetary operations, told the briefing that the consort designed to aggroup up with its partners to introduce light commercial vehicles to India.

GM planetary dealings Vice President of Sales Susan Docherty added that GM expects income of Chevrolet vehicles in its planetary operations, including China, to more than threefold in fivesome years.

Chevrolet oversubscribed 1.1 meg vehicles globally in the prototypal quarter, up 15 proportionality from a assemblage earlier, Docherty said.

GM oversubscribed 1.2 meg Chevrolets in its planetary dealings organisation terminal year, a 40 proportionality increase from 2009 and more than threefold from fivesome eld ago.

Chevrolet vehicles represent about 35 proportionality of all GM planetary activeness sales.

GM said late terminal assemblage it expects exports of its China-made Chevrolet Sail to more than quadruple this assemblage cod to rising obligation for low-cost calibre vehicles in aborning markets.

(Writing by Jason Subler and Bernie Woodall; Editing by Jacqueline Wong and Maureen Bavdek)

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