General Motors Company, the world's largest automaker, 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 2011, domestic sales of vehicles by GM and its joint ventures jumped 8.3 percent on an annual basis to more than 2.5 million units. It has been the sales leader among global automakers in the market for seven consecutive years.
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.
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 vehicles. In the first eight months of 2011, it had domestic sales of 790,494 vehicles, which was a record for the period.
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. The Baojun 630, the first model from SAIC-GM-Wuling’s new Baojun passenger car brand, entered the market in August 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 sold 822,227 vehicles in China in the first eight months of 2011. It 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 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 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 Ally Financial Inc. (formerly GMAC Inc.), 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.
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 roads.
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 currently has about 400,000 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. In the first eight months of 2011, it had domestic sales of 37,191 vehicles.
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 markets.
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 material 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.
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.
