SAIC-GM

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Template:Short description Script error: No such module "Distinguish". Template:Use mdy dates Script error: No such module "Infobox".Template:Template otherTemplate:Main otherScript error: No such module "Check for clobbered parameters".Script error: No such module "Check for unknown parameters". SAIC General Motors Corporation Limited (commonly known as SAIC-GM; Template:Zh) is a joint venture between General Motors Company and SAIC Motor. The company was founded in 1997 as Shanghai General Motors Company Ltd or Shanghai GM (Template:Zh). Headquartered in Shanghai, the company manufactures and sells Chevrolet, Buick, and Cadillac brand automobiles in mainland China, and exports its cars to several overseas markets.

History

SAIC-GM was founded on June 12, 1997, with 50% investment each from each partner. SAIC-GM began assembling the venture's first vehicle, the Buick Regal, in Shanghai, China in April 1999.[1][2][3][4] This later followed with the Chinese-built Buick GL8 minivan which was a Chinese-exclusive vehicle and was not offered in the United States and Canada.

By 2003, China became the second largest single market for General Motors, selling 201,188 vehicles, an 81.6% percent increase over the previous year. In that year SAIC-GM achieved a 13% market share in mainland China, second only to Volkswagen Group China among foreign carmakers. Sales dropped in 2004 when the company retired the Buick Sail and the release of its replacement, the Chevrolet Sail, was delayed to February 2005, knocking General Motors Shanghai to seventh place in mainland China market share. SAIC-GM market share climbed back to nearly 9.8 percent, placing SAIC-GM among the top three passenger car manufacturers in mainland China.

In June 2004, the Cadillac brand was introduced to China followed by Chevrolet in January 2005.

In May 2005 SAIC-GM completed construction of a new assembly plant, the South Plant, at its facility in eastern Shanghai's Pudong district, more than doubling its annual production capacity to 320,000 vehicles.[5]

SAIC-GM was the top passenger vehicle producer in China in 2006, with sales of 413,400 vehicles. In 2011, SAIC-GM sold 1,200,355 vehicles in the Chinese market.[6] SAIC-GM is the largest joint venture GM has in China.[7]

In February 2010, SAIC acquired an additional 1 percent stake in the joint venture for US$85 million and assistance in securing a US$400 million line of credit to boost SAIC's total share of SAIC-GM to 51%. In April 2012, GM regained 50% control of the joint venture.[7]

Exports

In September 2006, General Motors launched the Chevrolet Corsa Plus in Chile built by SAIC-GM, an export version of the first-generation Chevrolet Sail which in turn is a version of the 4-door Opel Corsa with a 1.6-liter engine. It is the first export market to receive a vehicle manufactured by SAIC-GM.[8]

In 2010, SAIC-GM started exporting the second-generation Chevrolet Sail to Latin American markets, starting with Chile.[9] The third-generation Sail or Aveo, also built by SAIC-GM, was exported to Mexico and the Caribbean since 2017 until 2023, when SAIC-GM-Wuling took over the development and production of the Sail/Aveo.[10][11][12]

In 2016, General Motors started importing the Buick Envision into the US from China. The Envision is built by SAIC-GM at its Dongyue Motors plant. Buick expected to sell 40,000 to 50,000 units of the Envision annually in North America.[13][14]

Since 2020, SAIC-GM also exports the Chevrolet Equinox to Uzbekistan. SAIC-GM also assisted UzAuto Motors, the largest Uzbek automaker formerly known as GM Uzbekistan to produce Chevrolet vehicles such as the Onix.[15]

Facilities

Name City Opened Description Current products
SAIC-GM Jinqiao, Pudong district, Shanghai 1998 Occupies an area of Template:Convert. There are 3 vehicle production plants (North, South, & East). North was the original plant built in 1998. South began production in 2005. The East or Cadillac plant began production in 2016.[16][17]
SAIC-GM Dongyue Motors Co., Ltd. Yantai, Shandong 2001 Originally founded in 2001 as Yantai Bodyshop Corp. which built Daewoo vehicles (Daewoo Lanos) under license from Daewoo Motor Co. SAIC-GM took over the plant in 2002. There are two vehicle production plants, North and South. SAIC-GM Dongyue Motors joint venture is owned 50% by SAIC-GM, 25% by GM China, & 25% by SAIC.[18][19]
SAIC-GM Dongyue Powertrain Co., Ltd. Yantai, Shandong 1999 Originally founded in 1999 as Shandong Daewoo Automotive Engine Co., Ltd., a 50/50 joint venture between Daewoo Motors and Chinese partners owned by the Shandong provincial government. SAIC-GM took over the plant in 2005. The joint venture is owned 50% by SAIC-GM, 25% by GM China, & 25% by SAIC.[20]
SAIC-GM (Shenyang) Norsom Motors Co., Ltd. Shenyang, Liaoning 1992 Originally founded in 1992 as Jinbei GM Automotive Co. Ltd., a 30/70 joint venture between GM & Shenyang Jinbei Automotive. Restructured into a 50/50 joint venture between GM & Jinbei in 1998. SAIC-GM took over the joint venture in 2004, buying out Jinbei. The new SAIC-GM Norsom Motors joint venture is owned 50% by SAIC-GM, 25% by GM China, & 25% by SAIC. It has three phases of buildings.[22]
SAIC-GM Wuhan Branch Wuhan, Hubei 2015[23] Past models: Chevrolet Cavalier[24]

Related businesses

SAIC and GM also operated other joint ventures, including:[17]

  • Pan Asia Technical Automotive Center Co., Ltd. (PATAC), an engineering services and research and development (R&D) operations centered in China
  • Shanghai OnStar Telematics Co., Ltd., the operator of OnStar services in China
  • SAIC General Motors Sales Co., Ltd., a national sales company. GM China has a 49 percent stake and SAIC a 51 percent stake.
  • SAIC-GMAC Automotive Finance Co., Ltd. (SAIC-GMAC), a financing arm
  • Shanghai Chengxin Used Car Operation and Management Co., Ltd., a joint venture established by GM China, SAIC-GM and SAIC subsidiary Shanghai Automotive Industry Sales Co. Ltd.
  • SAIC-GM-Wuling, a separate manufacturing and sales joint venture using Wuling and Baojun brands

Current models

Buick

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Cadillac

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Chevrolet

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Former models

Buick

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Cadillac

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Chevrolet

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Sales

Calendar year Total sales Ref.
1999 19,790 [33]
2000 30,543 [33]
2001 58,328 [33]
2002 110,763 [33]
2003 201,188 [33]
2004 252,869 [5]
2005 325,000 [34]
2006 413,367 [35]
2007 500,308 [33]
2008 458,642 [33]
2009 727,631 [33]
2010 1,038,988 [33]
2011 1,231,539 [33]
2012 1,392,658 [33]
2013 1,575,167 [33]
2014 1,760,158 [33]
2015 1,752,015 [33]
2016 1,887,071 [36]
2017 2,000,187 [37]
2018 1,970,117 [38]
2019 1,600,102 [39]
2020 1,467,470 [40]
2021 1,331,567 [41]
2022 1,170,107 [42]
2023 1,001,017 [43]
2024 673,007 [44]

See also

Notes

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References

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External links

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Template:Automotive industry in the People's Republic of China

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