GM, China's SAIC will develop small vehicles for emerging markets
July 28, 2015 at 00:00 AM EDT
DETROIT, July 28 (Reuters) - General Motors Co said on Tuesday it will invest $5 billion over the next several years to develop with its Chinese partner a new family of Chevrolet vehicles aimed at fast-growing emerging markets, in the process offering investors a fresh rationale for rejecting a merger with Fiat Chrysler Automobiles NV.