GM in China

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 nine joint ventures and two wholly owned foreign enterprises as well as more than 32，000 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, Wuling and Jiefang nameplates. In 2008, domestic sales of vehicles by GM and its joint ventures rose 6.1 percent on an annual basis to a record 1,094,561 units. GM ended 2008 with an estimated market share in China of 12.1 percent. It has been the sales leader among global automakers in China for four consecutive years.

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. It builds, imports and sells a comprehensive range of Buick, Cadillac, Chevrolet and Saab products. In 2008, Shanghai GM sold domestically 445,709 vehicles.

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 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 has a second manufacturing base in Qingdao, Shandong. SAIC-GM-Wuling manufactures a range of Wuling brand mini-trucks and minivans as well as the Chevrolet Spark mini-car. In 2008, SAIC-GM-Wuling’s domestic sales reached 647,296 units. It ended 2008 number one in sales among Chinese mini-vehicle producers for the third 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. 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 GMAC LLC, Shanghai Automotive Group Finance Co. Ltd. (SAICFC) and Shanghai GM is providing wholesale service to more than 460 dealers in more than 170 cities across China, and providing retail credit service through more than 810 car dealers in more than 180 cities in China by the end of July, 2009. On August 20, its retail credit business grew more than 20 percent on an annual basis year to date, and the operation has more than CNY 10 Billion of total retail assets.

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 late 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.

FAW-GM Light Duty Commercial Vehicle Co. Ltd. is a 50-50 joint venture between GM China and 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 also will engage in R&D, exports and aftersales support. The joint venture includes FAW Harbin Light Duty Vehicle Company Limited (TBD) which is located in Ha’erbin, Heilongjiang, and FAW’s share in FAW-GM Hongta Yunnan Automobile Manufacturing Company Limited (TBD)　which is situated in Qujing, Yunnan.

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 85 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.

General Motors-Shanghai Jiao Tong University Institute of Automotive Research is a cooperative institution established by GM and Shanghai Jiao Tong University. It serves as an umbrella organization for both new and existing joint research and educational programs.