Tag: SAIC-GM-Wuling

News : Will GM-SAIC deal lead to electric MGs?

News : Will GM-SAIC deal lead to electric MGs?

Keith Adams General Motors and SAIC Motor Corporation Ltd have signed an agreement for the co-development of electric vehicle architecture in China. It’s a groundbreaking – and some would say controversial – arrangement as currently, it seemed favoured in the direction of the Chinese, with the US company’s current production technology outstripping that of its […]

By 23 September 2011 7 Comments Read More →
China Watch : SAIC-GM-Wuling ready new entry-level Baojun brand

China Watch : SAIC-GM-Wuling ready new entry-level Baojun brand

Automotive News Europe/Reuters, 11th November, 2010 General Motors Co. will launch its new Baojun brand cars this month to capture growth at the low-end of the Chinese market, competing with domestic makers such as Geely, Chery and BYD Co Ltd., China chief Kevin Wale said. The brand’s first model, the Baojun 630 (pictured above), which […]

China Watch : GM raises stake in Shanghai-GM-Wuling JV

China Watch : GM raises stake in Shanghai-GM-Wuling JV

Automotive News Europe/Bloomberg, 11th November, 2010 (Bloomberg) – General Motors Co. is increasing to 44 percent its stake in the Chinese Wuling mini-vehicle venture it has with partner SAIC Motor Corp., the automaker said in a U.S. regulatory filing today. The automaker said in an updated prospectus for its $10.6 billion initial public offering that […]

China Watch : SAIC’s June sales soar, but can’t match earlier gains

China Watch : SAIC’s June sales soar, but can’t match earlier gains

Automotive News China/Reuters, 9th July, 2010 SHANGHAI (Reuters) – Shanghai Automotive Industry Corp., partner to General Motors and Volkswagen in China, posted a 30 percent sales gain last month in a cooling market.   SAIC, China’s largest automaker, reported sales of 289,200 vehicles in June. The increase failed to match SAIC’s 45 percent sales surge in […]