General Motors Company, one of the world's largest
automakers, traces its roots back to 1908. With its global headquarters in
Detroit, GM does business in some 120 countries. 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 has 11 joint ventures and two wholly owned foreign
enterprises as well as more than 35,000 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 Baojun, Buick, Cadillac,
Chevrolet, Opel, Wuling and Jiefang nameplates. In 2010, domestic sales of
vehicles by GM and its joint ventures jumped 28.8 percent on an annual basis to
2,351,610 units. It has been the sales leader among global automakers in
China for six consecutive years. GM was the joint global automobile partner of
World Expo 2010 Shanghai along with SAIC.
Shanghai General Motors Co. Ltd. (Shanghai GM) is a joint
venture between GM and Shanghai Automotive Industry Corp. Group (SAIC), a
leading passenger car manufacturer in China. GM holds a 49 percent
stake. Shanghai GM was formed in June 1997. It is fully supported by
a network of sales, aftersales and parts centers. It builds, imports and
sells a comprehensive range of Buick, Cadillac and Chevrolet products. In
2010, Shanghai GM became China¡¯s first passenger car maker to sell 1 million
vehicles in a single year. It ended 2010 with domestic sales of 1,033,307
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 new 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 officially launched on November 18, 2002. SAIC has
a 50.1 percent stake, GM China a 44.0 percent stake and Wuling Motors a 5.9
percent stake. SAIC-GM-Wuling is based in Liuzhou, Guangxi Zhuang
Autonomous Region, in southwestern China. It has a second manufacturing
base in Qingdao, Shandong. In 2010, SAIC-GM-Wuling announced the
establishment of a new passenger vehicle production base in Liuzhou.
SAIC-GM-Wuling manufactures a range of Wuling brand mini-trucks and minivans as
well as the Chevrolet Le Chi mini-car. It will begin offering products
under the new Baojun passenger car brand in 2011. In 2010,
SAIC-GM-Wuling¡¯s domestic sales totaled 1,226,860 units. It captured about
40 percent of China¡¯s mini-commercial vehicle segment. The Wuling Sunshine
minivan has been the best-selling vehicle in China for eight consecutive
years. SAIC-GM-Wuling is China¡¯s leading exporter of mini-vehicles.
Its products are sold in approximately 40 markets.
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. It
manufactures the Buick GL8 and FirstLand executive wagons and the Chevrolet
Cruze compact sedan.
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
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 supplies powertrains to 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 LLC, Shanghai
Automotive Group Finance Co. Ltd. (SAICFC) and Shanghai GM was providing
wholesale service to more than 620 Shanghai GM dealers in more than 187 cities
and retail credit service to 543 Shanghai GM dealers in 197 cities across China
at the end of 2010.
Shanghai OnStar Telematics Co. Ltd. is a Shanghai-based
joint venture that provides a range of in-vehicle safety, security and
communication services. Established in 2007, it began rolling out its
services in December 2009, initially in 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. Shanghai OnStar
ended 2010 with more than 171,000 subscribers, making it the leader in the
Chinese telematics market.
FAW-GM Light Duty Commercial Vehicle Co. Ltd. is a 50-50
joint venture between GM China and China FAW Group Corp. (FAW), one of China¡¯s
leading automakers. It was launched on August 30, 2009 and is based in
Changchun, Jilin. It is focused on the production and sale of light-duty
trucks and vans. It will also engage in R&D, exports and aftersales
support. The joint venture includes FAW Harbin Light Duty Vehicle Co. Ltd.
in Harbin, Heilongjiang; FAW-GM¡¯s Changchun plant in Changchun, Jilin; and
FAW-GM Hongta Yunnan Automobile Manufacturing Co. Ltd. in Qujing, Yunnan.
FAW-GM sold 88,224 vehicles in China in 2010.
General Motors SAIC Investment Ltd. is a 50-50 joint venture
investment company between GM and SAIC that is situated in Hong Kong. It
is facilitating GM and SAIC¡¯s expansion efforts in India and other emerging
Shanghai Chengxin Used Car Operation and Management Co.,
Ltd. is a joint venture established by GM China, Shanghai GM and SAIC
subsidiary Shanghai Automotive Industry Sales Co. (SAISC) on October 28, 2010.
GM China and Shanghai GM both have stakes of 33 percent, with SAISC holding the
remaining 34 percent. The joint venture will cooperate with current
distributors of Shanghai GM products in the establishment of dedicated used car
sales and service facilities across China. The facilities will offer
vehicles from Shanghai GM¡¯s Buick, Chevrolet and Cadillac brands as well as
selected brands from other automakers.
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 80 wholesale distributors and 380 ACDelco Service Centers in
China. The facilities, which stock genuine ACDelco parts, provide repair
and maintenance services for all makes and models of vehicles on China¡¯s
GM China Advanced Technical Center will serve as the home of
the China Science Lab, the Vehicle Engineering Lab, the Advanced Powertrain
Engineering Lab and the Advanced Design Center. It will mainly focus on
advanced propulsion system research, advanced powertrain and alternative energy
research, advanced battery technologies, advanced materials research (including
lightweight and recyclable materials) and advanced design concepts. It
will develop solutions for GM on a domestic and global basis. It will be
part of GM¡¯s global engineering and design network, and support GM¡¯s vision to
design, build and sell the world¡¯s best vehicles.