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SAIC-GM-Wuling

From Wikipedia, the free encyclopedia
Chinese automobile manufacturer and joint venture

Not to be confused withSAIC-GM,Wuling Motors, or Wuling Group, the former name ofGuangxi Automobile Group.
SAIC-GM-Wuling Automobile Co., Ltd.
Logo since 2025
Native name
上汽通用五菱汽车股份有限公司
Company typeJoint venture
IndustryAutomotive
Founded18 November 2002; 23 years ago (2002-11-18)
Headquarters
Area served
China
Indonesia
Key people
Lu Juncheng (general manager)[1]
ProductsAutomobiles
Microvans
Production output
Increase 1,540,077 vehicles (2024)
BrandsBaojun
Wuling
Owners[2]
Number of employees
20,000[3]
SubsidiariesSGMW Indonesia
Websitesgmw.com.cn

SAIC-GM-Wuling Automobile Co., Ltd. (Chinese:上汽通用五菱汽车股份有限公司, abbreviated asSGMW) is ajoint venture betweenSAIC Motor,General Motors, andGuangxi Auto (previously Wuling Group). Based inLiuzhou,Guangxi insouthwestern China, it produces passenger and commercial vehicles sold in China under theWuling andBaojun brands.

Founded in 2002, SGMW became well known for manufacturingmicrovans, which are especially popular in China's less affluent regions. Since 2017, SGMW has operated a manufacturing and sales subsidiary in Indonesia, known asSGMW Motor Indonesia. The company also manufactures vehicles in China for export under theChevrolet brand for General Motors.

Both SGMW and Liuzhou Wuling Automobile Industry Co. Ltd. use theWuling brand name and the five-diamond "W" logo.

History

[edit]
Logo of SGMW until 2025

In 2002, the joint venture SAIC-GM-Wuling was established, with SAIC holding 50.1% of the shares, General Motors 34%, and Wuling Group (later renamedGuangxi Auto) 15.9%.[4] Wuling transferred its microvan and small truck production to the joint venture. By 2011, GM increased its ownership stake to 44%, reducing Wuling's share to 5.9%.[5][6][7]

In 2005, SGMW acquiredEtsong Vehicle Manufacturing, a small-scale manufacturing company inQingdao, China. This factory, originally established in 1997 by atobacco company, was later owned byFAW Jiefang before being acquired by the SAIC group. The factory had previously producedAustin Maestro/Montego derivatives under the Etsong Lubao and Etsong Lande brands. After SGMW's acquisition, production of these models ceased, and the facility was repurposed to expand SGMW's mini-vehicle capacity.[8]

Wuling Sunshine

SGMW became significant mass-volume vehicle producer in China's interior. In 2011, the company sold 1,286,000 vehicles domestically, with sales increasing to 1,445,000 in 2012.[9] Its vehicle offerings are priced between $5,000 and $10,000, catering to budget-conscious consumers.[10] SGMW is also one of China's leading manufacturers ofmicrovans, known locally asxiao mianbao che (小面包车), or "small bread box cars." These compact commercial vehicles, comparable in size to a compact car, have been particularly successful in the country's less affluent interior regions.[11] Among its popular models, theWuling Sunshine stood out, selling over 450,000 units annually at its peak. At that time, SGMW has claimed that no other model in China surpasses the Wuling Sunshine in sales volume.[12][13] In late 2012, SGMW inaugurated a new factory in Liuzhou, Guangxi Zhuang Autonomous Region, with an annual production capacity of 400,000 Baojun passenger cars. A powertrain factory with equal capacity was also under construction.[14]

SGMW sold over 700,000Baojun 510 in two years.

In 2010, SGMW launched theBaojun brand to compete with domestic Chinese automakers.[15] Focusing on passenger vehicles, it targeted consumers in third- and fourth-tier Chinese cities, which are medium- and large-sized cities outside the top four in terms of population orGDP contribution.[16][17] Its first product is the Baojun Lechi, based on theChevrolet Spark/Daewoo Matiz M150.[12][18] In 2012, Baojun introduced the630, a small four-door sedan.[19] In 2016, Baojun sold 688,390 vehicles, with sales increasing to 996,629 in 2017, largely driven by the success of theBaojun 510 SUV.[20] The 510 became the best-selling crossover in China in 2018, with nearly 800,000 units sold by June 2019.[21] Despite early success, Baojun's sales declined in subsequent years. In 2019, the brand launched the "New Baojun" strategy with modern designs and higher-end models, but it failed to boost demand, leading to several model discontinuations. Consequently, Wuling largely took over Baojun’s role in affordable passenger vehicles.[22]

In 2015, SGMW began building its first overseas manufacturing facility inCikarang, Indonesia, within the Greenland International Industrial Center. Spanning 600,000 m², the facility was designed to produce vehicles for the Indonesian market and export to Southeast Asia, with a $700 million investment and a production capacity of 150,000 vehicles annually.[23] The plant started operations in July 2017, producing theConfero MPV, and by the end of 2017, Wuling Motors had ranked among the top 10 automotive brands in Indonesia.[24][25]

Wuling Hongguang Mini EV

In 2020, SGMW transitioned to electric vehicle production with the launch of theWuling Hongguang Mini EV, a smallbattery electric city car. The vehicle began retail deliveries in China in July 2020. Priced starting at around US$4,200,[26] the Hongguang Mini EV became one of the most affordable electric cars in the market. In 2020, it sold 119,255 units, ranking as the second-best-sellingplug-in electric car globally.[27][28] In January 2021, the Hongguang Mini EV topped new energy vehicle sales in China with 25,778 units, surpassing theTesla Model 3.[29] By February 2023, global sales had surpassed 1.1 million units, making it the best-selling electric car in China.[30] By 2023, SGMW's Baojun brand shifted entirely to electrification, introducing plug-in hybrid and electric models.[31][32]

In September 2024, SGMW unveiled its first vehicle not affiliated with any of its sub-brands, called the SGMW Light of ASEAN Concept.[33]

Current products

[edit]
See also:List of SAIC vehicles

Wuling

[edit]

Since 2020, SAIC-GM-Wuling has categorized its vehicle models into "Red Badge" and "Silver Badge." The "Red Badge" models are primarily designed for light commercial or entry-level passenger vehicles, while the "Silver Badge" models are used for more premium passenger cars in global markets.[34][35]

Silver Badge

[edit]
  • Hongguang Mini EV
    Hongguang Mini EV
  • Air EV
    Air EV
  • Binguo
    Binguo
  • Binguo SUV
    Binguo SUV
  • Binguo S
    Binguo S
  • Xingguang
    Xingguang
  • Xingguang S
    Xingguang S
  • Xingchen (Asta)
    Xingchen (Asta)
  • Xingchi
    Xingchi
  • Xingguang 730
    Xingguang 730
  • Xingyun
    Xingyun
  • Jiachen
    Jiachen
  • Victory
    Victory

Red Badge

[edit]
  • Hongguang Plus
    Hongguang Plus
  • Hongguang V
    Hongguang V
  • Hongguang EV
    Hongguang EV
  • Rongguang
    Rongguang
  • Sunshine II
    Sunshine II
  • Sunshine S
    Sunshine S
  • Sunshine EV
    Sunshine EV
  • Yangguang
    Yangguang
  • Zhengcheng
    Zhengcheng

Indonesian-only models

[edit]
  • Almaz
    Almaz
  • Confero
    Confero
  • Cortez
    Cortez
  • Formo
    Formo
  • Formo Max
    Formo Max

Export-only models

[edit]

Baojun

[edit]
Main article:Baojun

Baojun is a car brand owned by SGMW. It is an upmarket alternative to the Wuling brand.

  • Yep
    Yep
  • Yep Plus
    Yep Plus
  • Kiwi EV
    Kiwi EV
  • Yunduo
    Yunduo
  • Yunhai
    Yunhai
  • Xiangjing
    Xiangjing

Operations

[edit]

The company has a number of production bases in China. These include a facility inLiuzhou,Guangxi,[15] and a plant inQingdao, which it had purchased in 2007.[12]

Overseas operations

[edit]
Main article:SGMW Motor Indonesia

In 2010, GM and SAIC established an equally-owned joint venture,General Motors India, which assembled some SGMW products to India until General Motors stopped selling cars in India at the end of 2017.[5]

On August 20, 2015, SGMW established PT SGMW Motor Indonesia (Wuling Motors), which laid the first stone of a new manufacturing facility inCikarang,West Java,Indonesia. The facility spans 600,000 square meters, set aside for the production and manufacture of motor vehicles in Indonesia and to set up an export base for Southeast Asia. The investment of the project is around US$700 million. At peak capacity, the plant is expected to produce up to 150,000 vehicles in a year and estimated to create estimated 3,000 jobs. On July 11, 2017, the facility starts its operations for mass production. The first product under the brand Wuling Motors for Indonesian market isWuling Hongguang S1, renamed as the Wuling Confero.[38] In 2018, SGMW Indonesia launchedBaojun 730 as the Wuling Cortez. In 2019, SGMW Indonesia introducedBaojun 530, renamed as Wuling Almaz as their first SUV.

Export

[edit]

In 2009, Wuling began to export its small commercial vehicles to South America, the Middle East, and North Africa where they are sold under theChevrolet brand.[39] The first such vehicles were sent to Peru in July 2009.[40] In 2014, SGMW started exporting the Baojun 610 toEgypt (as knock-down kits) andAlgeria as the Chevrolet Optra.[41][42][43] SGMW started exporting SUVs to Middle East and Latin America such as the Baojun 530 as the Chevrolet Captiva since 2019, followed by the Baojun 510 as the Chevrolet Groove since 2020.[44][45][46]

Wuling mini-trucks were exported in limited numbers to the United States from 2004 to 2005. SGMW USA, a Cobra Motors company, imported and distributed the vehicles. Those trucks were limited to off-road use (i.e. private property), and were primarily marketed as industrial and commercial vehicles.[47]

Sales

[edit]
YearPassenger carTotal[48]
20091,065,050
20101,234,508
2011295,263[49]1,301,118
2012426,545[50]1,458,188
2013596,749[51]1,600,550
2014932,614[52]1,805,850
20151,181,810[53]2,040,007
20161,427,921[54]2,130,177
20171,555,224[55]2,150,018
20181,355,615[56]2,071,551
2019980,668[57]1,660,007
2020835,216[58]1,600,057
20211,039,938[59]1,660,166
20221,049,291[60]1,600,007
2023689,724[61]1,403,066[62]
2024745,276[63]1,540,077[64]

See also

[edit]

References

[edit]
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  2. ^"About GM China".gmchina.com. 2013. Archived fromthe original on 4 October 2013. Retrieved1 October 2013.
  3. ^Raghav Narsalay, Ryan T Coffey, Cherry Lu Cui and John Gong (2012)."SGM Wuling: Bringing affordable vehicles to low-income consumers"(PDF).Accenture. Archived fromthe original(PDF) on 24 October 2013. Retrieved12 October 2013.{{cite journal}}: CS1 maint: multiple names: authors list (link)
  4. ^White, Joseph B. (20 April 2007). "For GM in China, Tiny Is Mighty; Wuling Venture Plans Expansion as Sales of Small Cars Surge".Wall Street Journal. Dow Jones and Company. p. A9.
  5. ^abShirouzu, Norihiko (12 November 2010). "Corporate News: GM to Strengthen China Stake".Wall Street Journal. Dow Jones and Company: B2.
  6. ^"GM Retains No. 1 China Sales Rank".bloomberg.com. Bloomberg LP. 28 August 2011. Retrieved12 October 2013.
  7. ^Webb, Alysha (24 November 2012)."To see the future for GM in China look at the SAIC-GM-Wuling joint venture".chinaev.wordpress.com ("Alysha Webb's ChinaEV Blog"). Retrieved8 October 2013.In late 2010, however, GM boosted its share to 44%, leaving Wuling with 5.9%.
  8. ^"GM buys old Chinese car factory".The Economic Times. Bennett, Coleman & Co. Ltd. 3 June 2005. Archived fromthe original on 4 October 2013. Retrieved30 November 2012.
  9. ^For 2011 production figures and goal of 2 million units annually, see"Chevrolet Lechi to Be Sold Under Baojun Brand in China".GM Media: China (News release). General Motors. 15 August 2012.
  10. ^For $5,000 microvan, seeSamilton, Tracy (18 February 2010)."GM's $5,000 Minivan, A Hit In China".npr.org. National Public Radio. Retrieved12 October 2013.
  11. ^For "bread box cars," seeWebb, Alysha (24 November 2012)."To see the future for GM in China look at the SAIC-GM-Wuling joint venture".chinaev.wordpress.com ("Alysha Webb's ChinaEV Blog"). Retrieved8 October 2013.In late 2010, however, GM boosted its share to 44%, leaving Wuling with 5.9%.
  12. ^abcSchifferes, Steve (17 May 2007)."Cracking China's car market".bbc.co.uk. BBC. Retrieved29 November 2012.The (Wuling Sunshine) costs $3,700 (£1,872), has a 0.8 litre engine, have a top speed of 60 mph, and weighs less than 1000kg
  13. ^"SAIC-GM-Wuling Automobile Co. Ltd. (SAIC-GM-Wuling)".media.gmchina.com. 2013. Archived fromthe original on 8 March 2016. Retrieved9 October 2013.
  14. ^"SAIC-GM-Wuling Opens Passenger Car Production Base".media.gm.com (Press release). 18 November 2012. Retrieved8 October 2013.Baojun products are targeted primarily at first-time car buyers in China's second-, third- and fourth-tier cities.
  15. ^abShirouzu, Norihiko (18 November 2012)."GM ups capacity in no-frills China car market".reuters.com. Thomson Reuters. Retrieved23 November 2012.
  16. ^Fang Yan; Wills, Ken (22 November 2010),"GM unveils new brand in China, targets smaller cities",reuters.com, Thomson Reuters, retrieved30 November 2012,Those big coastal cities are rapidly becoming less than a quarter of our business, and the real growth is in what we call tier three, tier four cities," Terry Johnsson, vice president of GM's China operations, told Reuters in an interview. "It wouldn't be unexpected to see 60 percent of the business in tier 3 and tier 4 cities (in five years).
  17. ^Mullich, Joe."China's "Second-Tier" Cities Take Off". Special Advertising Section Presented by Cathay Pacific.The Wall Street Journal. Dow Jones and Company, Inc. Retrieved4 June 2012.
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  19. ^McGregor, Richard (20 July 2001). "GM looks to China for auto triple alliance".Financial Times. Pearson: 31.
  20. ^GM sales rise 4.4%, top 4 million in 2017 as Cadillac, Baojun shine - Automotive News China, 5 January 2018
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  22. ^"Will Baojun disappear in the future auto market reshuffle?". Retrieved19 February 2024.[permanent dead link]
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  29. ^Harper, Justin (25 February 2021)."Chinese £3,200 budget electric car takes on Tesla".BBC News.
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