The General Motors-China relationship dates back more than eight decades.GM China's vision is together with its partners, to be the best automotive group in China
GM operates eight joint ventures and two wholly owned foreign enterprises and has more than 20,000 employees in China.GM, along with its joint ventures, offers the broadest lineup of vehicles and brands among automakers in China.Products are sold under the Buick, Cadillac, Chevrolet, Opel, Saab and Wuling nameplates.In 2007, domestic sales of vehicles by GM and its joint ventures rose 18.5 percent on an annual basis to a record 1,031,974 units.GM ended 2007 with an estimated market share in China of 12.1 percent. It has been the sales leader among global automakers in China for three consecutive years.
Joint Ventures and Other Operations in China:
Shanghai General Motors Co. Ltd. (Shanghai GM) is a 50-50 joint venture with Shanghai Automotive Industry Corp. Group (SAIC), a leading passenger car manufacturer in China.Shanghai GM was formed in June 1997.It is fully supported by a network of sales, aftersales and parts centers.Shanghai GM has an annual production capacity of 600,000 vehicles.It builds, imports and sells a comprehensive range of Buick, Cadillac, Chevrolet and Saab products. In 2007, Shanghai GM sold domestically 479,427 vehicles.Shanghai GM has been China’s leader in passenger car sales among joint ventures every year since 2005.
Pan Asia Technical Automotive Center (PATAC) is a 50-50 joint venture between GM and SAIC.It provides automotive engineering services including design, development, testing and validation of components and vehicles.Among its achievements is the reengineering of the Buick LaCrosse, Cadillac SLS and other products for Shanghai GM.
SAIC-GM-Wuling Automobile Co. Ltd. (SAIC-GM-Wuling) is a joint venture that was launched in 2002.GM China holds a 34.0 percent stake, while SAIC holds 50.1 percent and Wuling Motors holds 15.9 percent.The joint venture is situated in Liuzhou, Guangxi Zhuang Autonomous Region.It manufactures a range of Wuling brand mini-trucks and minivans as well as the Chevrolet Spark mini-car.In 2007, SAIC-GM-Wuling’s sales reached 548,945 units. It ended the year number one in sales among Chinese mini-vehicle producers for the second straight year.
Shanghai GM (Shenyang) Norsom Motors Co. Ltd. is a joint venture formerly known as Jinbei General Motors.Shanghai GM holds a 50 percent stake and oversees management.GM China and SAIC each hold 25 percent stakes in the facility, which is located in Shenyang, Liaoning.The joint venture has an annual capacity of 50,000 vehicles.It manufactures the Buick GL8 and FirstLand executive wagons.
Shanghai GM Dong Yue Motors Co. Ltd.is a joint venture manufacturing facility situated in Yantai, Shandong.Shanghai GM holds a 50 percent stake and oversees management.GM China and SAIC each hold 25 percent stakes in the facility, which manufactures Chevrolet brand vehicles.The plant has an annual capacity of 240,000 vehicles.
Shanghai GM Dong Yue Automotive Powertrain Co. Ltd.is a joint venture located in Yantai, Shandong.Shanghai GM owns 50 percent and oversees management.GM China and SAIC each own 25 percent.The facility has an annual capacity of 375,000 engines.The joint venture supplies engines for vehicles manufactured by Shanghai GM.
GMAC-SAIC Automotive Finance Co., Ltd. became China’s first approved and operational automotive financing company when it opened for business in August 2004. The joint venture between GMAC and Shanghai Automotive Group Finance Co. Ltd. (SAICFC) was providing wholesale service to more than 460 dealers and retail service to more than 590 dealers in 146 cities across China at the end of 2007.Its number of retail contracts approximately doubled in 2007 on a year-on-year basis.
Shanghai OnStar Telematics Co. Ltd. is a Shanghai-based joint venture that will provide a range of in-vehicle safety, security and communication services.Established in 2007, it will begin rolling out its services in 2009, initially for vehicles manufactured and distributed in China by Shanghai GM. GM subsidiary OnStar and SAIC subsidiary Shanghai Automotive Industry Sales Co. Ltd. (SAISC) each own 40 percent of the joint venture. Shanghai GM owns the remaining 20 percent.
GM Warehousing and Trading (Shanghai) Co. Ltd. is located in Shanghai’s Waigaoqiao Free Trade Zone.The wholly owned parts distribution center (PDC) officially started operation in August 1999.It was established to ensure the quick delivery of genuine GM parts to customers in mainland China.The PDC features a fully computerized management and inventory control system and stocks about 25,000 different parts.
GM (China) Investment Corp. is a wholly owned venture based in Shanghai.It houses all of GM’s local staff and is an investor in GM’s vehicle joint ventures in China.
ACDelco, the world’s leading aftermarket brand, operates a growing network of more than 50 wholesale distributors and more than 200 ACDelco Service Centers in mainland China.The facilities, which stock genuine ACDelco parts, provide repair and maintenance services for all makes and models of vehicles on China’s roads.
GM-Shanghai Jiao Tong University Technology Instituteis a cooperative institution established by GM and ShanghaiJiaoTongUniversity.It focuses on joint research and development, and technical training.
