SAIC-GM

Last updated

SAIC General Motors Corporation Limited
Type Joint Venture
Industry Automotive
FoundedJune 12, 1997;23 years ago (1997-06-12)
Headquarters,
Area served
China
Products Automobiles
Owner
Website saic-gm.com

SAIC General Motors Corporation Limited (More commonly known as SAIC-GM; Chinese :上汽通用汽车; formerly known as "Shanghai General Motors Company Ltd", "Shanghai GM"; Chinese :上海通用汽车) is a joint venture between General Motors Company and SAIC Motor that manufactures and sells Chevrolet, Buick, and Cadillac brand automobiles in Mainland China.

Contents

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.

In 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 then in January 2005, the Chevrolet brand was launched.

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 September 2006, General Motors launched the Chevrolet Corsa Plus in Chile, a version of the 4-door Opel Corsa with a 1.6L engine, making it the first export market to receive a vehicle manufactured by SAIC-GM.

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] [8]

Current models

Buick

Cadillac

Chevrolet

Former models

Buick

Cadillac

Chevrolet

Sales

Calendar yearTotal sales
2004252,869 [5]
2005325,000 [16]
2006413,367 [17]
2007479,427 [18]
2008445,709 [19]
2009727,620 [20]
20101,030,000 [21]
20111,200,355 [22]
20121,331,022 [23]
20131,575,167 [24]
20141,760,158 [25]

See also

Notes

  1. based on Opel Mokka
  2. based on Opel Insignia
  3. sport variant of the Regal
  4. based on Opel Astra K
  5. Imported since 2011
  6. Imported since 2017)
  7. (Imported since 2017)
  8. 1 2 3 4 (Imported)
  9. based on Opel Astra J
  10. rename of the Buick Century to avoid confusion with the Toyota Century
  11. based on Holden Statesman/Caprice
  12. rebadge of the Holden Caprice WL series
  13. rebadge of the Chevrolet Volt

Related Research Articles

Chevrolet American automobile division of General Motors

Chevrolet, colloquially referred to as Chevy and formally the Chevrolet Division of General Motors Company, is an American automobile division of the American manufacturer General Motors (GM). Louis Chevrolet and ousted General Motors founder William C. Durant started the company on November 3, 1911 as the Chevrolet Motor Car Company. Durant used the Chevrolet Motor Car Company to acquire a controlling stake in General Motors with a reverse merger occurring on May 2, 1918, and propelled himself back to the GM presidency. After Durant's second ousting in 1919, Alfred Sloan, with his maxim "a car for every purse and purpose", would pick the Chevrolet brand to become the volume leader in the General Motors family, selling mainstream vehicles to compete with Henry Ford's Model T in 1919 and overtaking Ford as the best-selling car in the United States by 1929 with the Chevrolet International.

Buick Mid-level luxury division of General Motors

Buick is a division of the American automobile manufacturer General Motors (GM). Started by automotive pioneer David Dunbar Buick, it was among the first American marques of automobiles, and was the company that established General Motors in 1908. Before the establishment of General Motors, GM founder William C. Durant had served as Buick's general manager and major investor.

GM Korea South Korean subsidiary of General Motors

GM Korea Company is the South Korea's subsidiary of multinational corporation General Motors. GMK is also the third largest automobile manufacturer in South Korea. GM Korea's roots go back to the former Daewoo Motor vehicle brand which was split from its parent company, Daewoo Group, in 2001. It has three manufacturing facilities in South Korea. In addition, GM Korea provides region and brand-specific vehicle assembly kits for assembly by GM affiliates in the United States, Brazil, China, Colombia, and Mexico, and formerly in Australia and India after GM's February 2020 announcement to withdraw from all right-hand-drive markets worldwide. In 2008, GM Korea built more than 1.9 million vehicles, including CKD products. It currently produces vehicles and kits for Chevrolet and Buick that are offered in more than 150 markets on continents that don't have right-hand-drive markets. It produced vehicles and kits for Holden in Australia until the brand's demise in 2020. GM Korea also has design, engineering, research & development facilities that are involved in development for various GM products, above all small-size cars.

Opel Astra Motor vehicle

The Opel Astra is a compact car/small family car engineered and manufactured by the German automaker Opel since 1991, currently at its fifth generation. It was launched in September 1991 in hatchback, saloon, and station wagon forms. A sedan delivery/panel and a convertible also appeared in the early 1990s. These bodystyles were later followed by a coupé in 2004, the Twin Top retractable hardtop convertible replaced the soft top convertible in 2006, while the Caravan was rebadged the Astra Sports Tourer from 2009 onwards. The sporty Astra OPC appeared in 2005.

Buick Regal Mid-sized car model

The Buick Regal is an upscale mid-sized car that was first introduced by Buick for the 1973 model year. The model was originally positioned as a personal luxury car, and typically offered in both coupe and sedan forms until 1997, when the Regal became sedan-only due to the decline of the personal luxury coupe market. For certain model years between 1973 and 2004, the Regal shared bodies and powertrains with the similar Buick Century, although the Regal was positioned as a more upmarket vehicle.

GM Delta platform Motor vehicle platform

Delta is General Motors' compact front-wheel drive automobile and crossover SUV platform, a successor to the GM T platform; it also replaced GM J platform and the Z platform used by the Saturn S-Series. The platform debuted in the 2003 Saturn Ion. Vehicles of this platform generally carry the letter "A" in the fourth character of their VINs.

GM Epsilon platform Motor vehicle platform

Epsilon is General Motors' mid-size front-wheel drive automobile platform. The architecture was developed by Opel, and debuted in the 2002 Opel Vectra and 2003 Saab 9-3. Since this platform falls squarely in the center of the worldwide automobile market, GM plans to produce a great many Epsilon vehicles with over a dozen variations. As of 2005, it was GM's highest volume worldwide platform. Even after the dissolution of the GM/Fiat partnership, both companies retain the rights to continue developing Epsilon-derived models.

GM U platform Motor vehicle platform

The U-platform is a front wheel drive minivan and crossover SUV platform from General Motors produced since 1990. North American sales ended in 2009, but Chinese production continues. The minivans were divided into three generations, 1990–1996, 1997–2005 and 2005-current. The U-body was also used for General Motors' first generation crossovers from 2001-2005.

Chevrolet Sail Motor vehicle

The Chevrolet Sail is a supermini car produced by the Chinese-American joint venture SAIC-GM. Launched in 2001, it was sold as the Buick Sail, both in sedan and wagon form which were both based on Opel Corsa B. Since 2005, as the brand Chevrolet was officially introduced in China, the car received a facelift and its name was changed to Chevrolet Sail and Sail SRV.

Daewoo Lacetti Compact car

The Daewoo Lacetti is a compact car manufactured and marketed globally by GM Korea since 2002.

Buick GL8 Motor vehicle

The Buick GL8 is a minivan that is made by Shanghai GM, a joint-venture between Chinese automaker SAIC Motor and American automaker General Motors. The Buick GL8 is only sold in China.

Holden New Zealand Limited, named until 1994 as General Motors New Zealand Limited, was a subsidiary of General Motors of Detroit and distributes General Motors' motor vehicles, engines, components and parts in New Zealand.

Orion Assembly is a 4,300,000 square foot (400,000 m2) General Motors vehicle assembly plant located in Orion Township, Michigan. The plant currently assembles the Chevrolet Bolt and Cruise AV. As of September 2019, the plant has approximately 1,032 salaried and hourly employees. It assumed operations of Buick City, and Pontiac Assembly.

Buick Excelle Motor vehicle

The Buick Excelle is the common name for the compact cars marketed by Shanghai General Motors Company Limited under GM's Buick brand.

Buick Excelle GT Chinese compact car

The Buick Excelle GT is the name for the compact car manufactured by SAIC-GM under GM's Buick brand.

Buick Verano Motor vehicle

The Buick Verano is a compact car manufactured by General Motors for its Buick brand since 2010. It debuted at the North American International Auto Show on January 10, 2011, during a preview of Buick's then upcoming 2012 model. It is the first compact marketed by Buick in the United States since the 1998 Buick Skylark. Verano is Spanish for summer.

MyLink a.k.a. Intellilink is a telematics system/infotainment system offered by General Motors in their vehicles. The system was debuted in 2011 in the then-new Chevrolet Volt.

James C. Shyr (石志傑/杰) is a Chinese-American automotive designer widely known for his design contributions to the Buick LaCrosse.

Buick Envision Motor vehicle

The Buick Envision is a compact crossover SUV manufactured by General Motors. It is exclusively manufactured in China by the SAIC-GM joint venture, supplying the domestic market and the North American market.

Cadillac XT4 Motor vehicle

The Cadillac XT4 is a subcompact luxury crossover SUV manufactured by General Motors since 2018 under the luxury Cadillac marque.

References

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