 Logo since 2021 | |
 | |
| Formerly | Shanghai General Motors Company Ltd (1997–2015) |
|---|---|
| Company type | Joint venture |
| Industry | Automotive |
| Founded | June 12, 1997; 27 years ago (1997-06-12) |
| Headquarters | , |
Area served | China |
| Products | Automobiles |
Production output |  673,007 vehicles (2024) |
| Brands | Buick Cadillac Chevrolet |
| Owner |
|
| Chinese name | |
| Simplified Chinese | 上汽通用汽车 |
| Hanyu Pinyin | Shàngqì Tōngyòng Qìchē |
| Website | saic-gm.com |
SAIC General Motors Corporation Limited (commonly known asSAIC-GM;Chinese:上汽通用汽车) is a joint venture betweenGeneral Motors Company andSAIC Motor. The company was founded in 1997 asShanghai General Motors Company Ltd orShanghai GM (Chinese:上海通用汽车). Headquartered inShanghai, the company manufactures and sellsChevrolet,Buick, andCadillac brand automobiles inmainland China, and exports its cars to several overseas markets.
SAIC-GM was founded on June 12, 1997, with 50% investment each from each partner. SAIC-GM began assembling the venture's first vehicle, theBuick Regal, in Shanghai, China in April 1999.[1][2][3][4] This later followed with the Chinese-builtBuick 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 toVolkswagen Group China among foreign carmakers. Sales dropped in 2004 when the company retired theBuick Sail and the release of its replacement, theChevrolet 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]
In September 2006, General Motors launched theChevrolet Corsa Plus inChile built by SAIC-GM, an export version of the first-generation Chevrolet Sail which in turn is a version of the 4-doorOpel 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 thesecond-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, whenSAIC-GM-Wuling took over the development and production of the Sail/Aveo.[10][11][12]
In 2016, General Motors started importing theBuick 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 theChevrolet Equinox toUzbekistan. SAIC-GM also assistedUzAuto Motors, the largest Uzbek automaker formerly known as GM Uzbekistan to produce Chevrolet vehicles such as theOnix.[15]
| 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 betweenDaewoo 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 & ShenyangJinbei 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]
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| 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] |
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...
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...
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.
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N.B. Only companies and organisations from Mainland China and Hong Kong are included | |||||
