SHANGHAI – General Motors and its joint ventures today sold their 3 millionth vehicle in China in 2013. This is the first time in GM’s history in its largest market that it has reached the milestone in a calendar year.
“GM has maintained a long-term commitment to China that few other global companies can match,” said GM China President Bob Socia. “Our latest achievement affirms that our broad spectrum of vehicle choices is meeting the needs of consumers nationwide.”
GM and its joint ventures offer more than 40 different models under seven brands in China. Its products range from mini-cars to luxury sedans and from mini-commercial vehicles to light-duty trucks. Most of its vehicles sold in China are manufactured in China, and many are engineered and designed locally.
GM also offers a wide range of services tailored for the domestic market. Its Shanghai OnStar joint venture is the leading provider of safety, maintenance and telematics services in China, while its GMAC-SAIC joint venture is the automotive financing leader.
In order to keep up its momentum, GM’s joint ventures are investing about $11 billion in vehicles, facilities and people through 2016.
“GM and our employees are pleased but not satisfied,” Socia added. “We are focused on building on our success in all areas of the business to remain an industry driving force in China.”
General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 58,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2013, GM sold nearly 3.2 million vehicles in China. More information on General Motors in China can be found at GM Media Online.