GM in China

2012-10-04

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  • Global policy is to “build where we sell,” which lowers vehicle cost for the consumer
  • GM does business in more than 120 countries
  • Roughly 70 percent of GM sales are generated outside of the United States; in most cases, those vehicles are not exported from the U.S.
  • GM imports no vehicles from China to the U.S. Every Chevrolet sold in the U.S., with the exception of the Spark, is built in North America
  • Chevy Volt, Buick Enclave and Cadillac SRX, CTS and Escalade are exported from North America to China 
  • GM started doing business in China in the 1920s and exited the market following the 1949 Chinese Revolution; GM returned to the country in the late 1990s in partnership with Shanghai Automotive Industry Corp. (SAIC) and formed the Shanghai GM (SGM) joint venture (JV) to produce Buicks in China; other auto manufacturers like Ford are racing to the China market to catch up to GM's sales success
  • GM did not use U.S. government bailout money to build manufacturing footprint in China; since bankruptcy, GM has announced investments at 30 U.S. facilities totaling more than $7.1 billion, which created or retained 18,641 jobs
  • Doing business in China requires every foreign manufacturer to have a joint-venture with a Chinese company; GM has strategic partnerships in 30 countries, including China, which positions the GM brand as a leading automaker in the world’s largest and fastest-growing automotive markets  
  • GM did not sponsor nor endorse a Chinese patriotic film recognizing the 90th anniversary of the Communist Party; the film was sponsored by Shanghai GM, a company owned jointly by GM and Shanghai Automotive Industry Corp., of which GM does not have operational control.

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Last Updated: October 4th, 2012