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SAIC-GM

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SAIC General Motors
Corporation Limited
FormerlyShanghai General Motors Company Ltd (1997–2015)
Company typeJoint venture
IndustryAutomotive
FoundedJune 12, 1997; 27 years ago (1997-06-12)
Headquarters,
Area served
China
ProductsAutomobiles
Production output
Decrease 1,001,017 vehicles (2023)
BrandsBuick
Cadillac
Chevrolet
Owner
Chinese name
Simplified Chinese上汽通用汽车
Hanyu PinyinShàngqì Tōngyòng Qìchē
Websitesaic-gm.com

SAIC General Motors Corporation Limited (commonly known as SAIC-GM; Chinese: 上汽通用汽车) 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 (Chinese: 上海通用汽车). 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 5,920,200 sq ft (550,000 m2). 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]

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 that operates 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

Cadillac

Chevrolet

Former models

Buick

Cadillac

Chevrolet

Sales

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

See also

Notes

  1. ^ based on Opel Insignia
  2. ^ sports variant
  3. ^ a b c d e f g h i j k l m n imported
  4. ^ based on the Opel Astra J
  5. ^ based on Opel Mokka
  6. ^ rename of the Buick Century to avoid confusion with the Toyota Century
  7. ^ based on the Holden Statesman/Caprice
  8. ^ rebadge of the Holden Caprice WL series
  9. ^ rebadge of the Chevrolet Volt
  10. ^ based on Opel Astra K
  11. ^ produced from 2004 to 2007; imported from 2007 to 2019.
  12. ^ imported from 2006 to 2020.
  13. ^ imported from 2004 to 2015.
  14. ^ imported from 2005 to 2008.

References

  1. ^ "1995, GM Links with SAIC". history.gmheritagecenter.com. General Motors Company. 2011. Archived from the original on August 17, 2011. Retrieved May 30, 2011. GM signed a milestone agreement with China's Shanghai Automotive Industry Corporation (SAIC) for a proposed automotive joint venture, a joint venture technical center, and several other projects in and around the city of Shanghai...
  2. ^ "1982 -1999, Globalization, One Company, One Team". history.gmheritagecenter.com. General Motors Company. 2011. Archived from the original on August 17, 2011. Retrieved May 30, 2011. Also in 1995, the company entered into a joint venture agreement with Shanghai Automotive Industry Corporation (SAIC) in China, laying the foundation for unprecedented growth over the next few years. Four years later, the Buick Regal was being assembled in China for the Chinese market...
  3. ^ "1999, Buick is Back in Shanghai". history.gmheritagecenter.com. General Motors Company. 2011. Archived from the original on August 17, 2011. Retrieved May 30, 2011. The General Motors-SAIC joint venture plant in Shanghai began building Buick Regals for the Chinese market, marking the Buick brand's proud return to China.
  4. ^ "Shanghai GM joint venture overview on Chinaautoweb.com".
  5. ^ a b "GM's Shanghai joint venture opens new plant". The Star. May 28, 2005. Archived from the original on February 21, 2013. Retrieved September 5, 2012.
  6. ^ "General Motors Sets Sales Record in China in 2011" (Press release). General Motors. January 8, 2012.
  7. ^ a b Nathan Bomey (April 18, 2012). "GM regains 50% stake in its largest Chinese partnership". The Detroit Free Press.
  8. ^ "Chevrolet Corsa Plus 1.6L 2007: Rompiendo Mitos" [Chevrolet Corsa Plus 1.6L 2007: Breaking Myths]. RutaMotor. September 17, 2013. Retrieved June 15, 2024.
  9. ^ "Shanghai GM starts exporting Chevrolet New Sail to Chile - paultan.org". Paul Tan's Automotive News. October 25, 2010. Retrieved June 15, 2024.
  10. ^ Williams, Marcus. "GM starts exporting Chevrolet Sail from China to Mexico and Caribbean". Automotive Logistics. Retrieved June 15, 2024.
  11. ^ Juárez, Mau (December 8, 2022). "El Chevrolet Aveo Hatchback 2024 se reinventa en una nueva generación y carrocería, estos son sus primeros detalles" [The Chevrolet Aveo Hatchback 2024 reinvents itself in a new generation and bodywork, these are its first details]. Motorpasión México (in Spanish). Retrieved December 10, 2022.
  12. ^ Mantilla, Óscar Julián Restrepo (August 3, 2022). "Chevrolet inició la producción de su nuevo auto popular para América Latina" [Chevrolet started production of its new popular car for Latin America]. El Carro Colombiano (in Spanish). Retrieved December 10, 2022.
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  14. ^ Newman, Rick (January 12, 2016). "Why GM is importing a Buick from China". Yahoo Finance. Retrieved June 15, 2024.
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  16. ^ "SAIC-GM Shanghai Automotive Industry Corporation (SAIC) and GM — Designed for success" (PDF). General Electric. Retrieved June 15, 2024.
  17. ^ a b "General Motors in China". General Motors. Retrieved June 15, 2024.
  18. ^ "General Motors Dong Yue Assembly Plant – Yantai, Shandong, China". GM Authority. Retrieved June 15, 2024.
  19. ^ "上汽集团". www.saicmotor.com. Retrieved June 15, 2024.
  20. ^ "SAIC GM Dong Yue Powertrain Company Limited". MarkLines Automotive Information Platform. Retrieved June 15, 2024.
  21. ^ "Shanghai GM Dong Yue Automotive Powertrain Begins Production of New 1.6L and 1.8L Ecotec Engines". Green Car Congress. May 18, 2009. Retrieved June 15, 2024.
  22. ^ "General Motors Norsom Plant – Shenyang, Liaoning, China". GM Authority. Retrieved June 15, 2024.
  23. ^ Szczesny, Joseph (January 30, 2015). "Ford, GM Implement Expansion Plans in China". The Detroit Bureau. Retrieved June 19, 2022.
  24. ^ LaReau, Jamie L. (February 27, 2020). "Restart of GM's plant in China stalls due to coronavirus crisis". Detroit Free Press. Retrieved June 19, 2022.
  25. ^ McEachern, Sam (February 28, 2020). "GM Delays Production Restart At Wuhan Plant As Coronavirus Crisis Continues". GM Authority. Retrieved June 19, 2022.
  26. ^ "SAIC-GM to build Ultium EV platform in Wuhan". Gasgoo. Retrieved June 15, 2024.
  27. ^ "Spotted in China: 8th generation Buick Roadmaster". October 19, 2012.
  28. ^ "Spotted in China: Cadillac Fleetwood Brougham is Big & Black in China". June 10, 2015.
  29. ^ "Spotted in China: Cadillac Fleetwood is black on the market". January 21, 2014.
  30. ^ "Spotted in China: Chevrolet Caprice Classic". January 31, 2016.
  31. ^ "Spotted In China: C4 Chevrolet Corvette In Red". November 14, 2016.
  32. ^ "Chevrolet Corvette is Yellow in China". March 8, 2013.
  33. ^ "Chevrolet Corvette C7 is Yellow in China". February 27, 2015.
  34. ^ a b c d e f g h i j k l m n "上海市级专志·上海汽车集团股份有限公司志(上册) 第二节上汽通用汽车有限公司". Office Of Shanghai Chronicles. Retrieved April 7, 2024.
  35. ^ "G.M. Cuts the Price On 2 Cars in China". The New York Times. January 4, 2006. Archived from the original on January 30, 2013. Retrieved September 5, 2012.
  36. ^ "GM says 2006 China vehicle sales up 32 pct". Reuters. January 7, 2007. Retrieved September 5, 2012.
  37. ^ "2016年整车销售数据". SAIC Motors. Retrieved April 7, 2024.
  38. ^ "2017年整车销售数据". SAIC Motors. Retrieved April 7, 2024.
  39. ^ "2018年整车销售数据". SAIC Motors. Retrieved April 7, 2024.
  40. ^ "2019年整车销售数据". SAIC Motors. Retrieved April 7, 2024.
  41. ^ "2020年整车销售数据". SAIC Motors. Retrieved April 7, 2024.
  42. ^ "2021年整车销售数据". SAIC Motors. Retrieved April 7, 2024.
  43. ^ "2022年整车销售数据". SAIC Motors. Retrieved April 7, 2024.
  44. ^ "2023年整车销售数据". SAIC Motors. Retrieved April 7, 2024.