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

GM and SAIC agree on future EV co-operation in China

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 […]

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

Automotive News Europe/Reuters, 11th November, 2010 HONG KONG (Reuters) – 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 […]

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

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 […]