GM China

The General Motors-China relationship dates back more than eight decades. GM's mission in China is to leverage the company's extensive global resources to provide transportation products and services that deliver the best combination of technology and customer care innovation.

GM operates seven joint ventures and two wholly owned foreign enterprises and has more than 20,000 employees in China. GM, along with its joint ventures, offers the broadest lineup of vehicles and brands among foreign automakers in China. Products are sold under the Buick, Cadillac, Chevrolet, Opel, Saab and Wuling nameplates. In 2005, GM's sales rose 35.2 percent on an annual basis to a record 665,390 units. GM ended 2005 with a market share in China of 11.2 percent, which was up from 9.4 percent at the end of 2004.

Shanghai General Motors Co., Ltd. (Shanghai GM) is a 50-50 joint venture with Shanghai Automotive Industry Corp. (Group). SAIC is a leading passenger car manufacturer in China. Shanghai GM was formed in June 1997. It is fully supported by a network of sales, aftersales and parts centers. Shanghai GM has an annual production capacity of 480,000 vehicles. It builds and sells a comprehensive range of products, which currently include the Buick Royaum premium sedan, Buick LaCrosse premium sedan, Buick Regal upper-medium sedan, Buick Excelle lower-medium sedan, Buick Excelle HRV hatchback, Buick Excelle station wagon, Buick GL8 and FirstLand executive wagons, Chevrolet Epica intermediate sedan, Chevrolet Lova small car, Chevrolet Aveo hatchback, Chevrolet Sail small car, Cadillac XLR luxury roadster, Cadillac SRX medium luxury utility vehicle, Cadillac CTS luxury sedan, Saab 9-5 premium sedan, Saab 9-3 convertible and Saab 9-3 sport sedan. It also produces engines and transmissions. In 2005, Shanghai GM sold 325,429 vehicles, which represented a 28.7 percent increase from the previous year. In addition, Shanghai GM was the monthly sales leader among passenger car manufacturers in China from March to December 2005.

Pan Asia Technical Automotive Center Co., Ltd. is a 50-50 joint venture between GM and SAIC. It provides automotive engineering services including design, development, testing and validation of components and vehicles. Among its achievements is the reengineering of the Buick LaCrosse, Buick Excelle and other products for Shanghai GM.

SAIC-GM-Wuling Automobile Co., Ltd. (SAIC-GM-Wuling) is a joint venture that was launched in 2002. GM China holds a 34 percent stake, while SAIC holds 50.1 percent and Wuling Automotive holds 15.9 percent. The joint venture is situated in Liuzhou, Guangxi Zhuang Autonomous Region. It manufactures a range of Wuling brand mini-trucks and minivans as well as the Chevrolet Spark mini-car. In 2005, SAIC-GM-Wuling's sales jumped 43.4 percent to 337,188 units.

Shanghai GM (Shenyang) Norsom Motors Co., Ltd. is a joint venture formerly known as Jinbei General Motors. Shanghai GM holds a 50 percent stake and oversees management. GM China and SAIC each hold 25 percent stakes in the facility, which is located in Shenyang, Liaoning. The joint venture has an annual capacity of 50,000 vehicles. It manufactures the Buick GL8 and FirstLand executive wagons.
Shanghai GM Dong Yue Motors Co., Ltd. is a joint venture manufacturing facility situated in Yantai, Shandong. Shanghai GM holds a 50 percent stake and oversees management. GM China and SAIC each hold 25 percent stakes in the facility, which manufactures Chevrolet brand vehicles. The plant has an annual capacity of 100,000 vehicles.

Shanghai GM Dong Yue Automotive Powertrain Co., Ltd. is a joint venture located in Yantai, Shandong. Shanghai GM owns 50 percent and oversees management. GM China and SAIC each own 25 percent. The facility has an annual capacity of 375,000 engines. The joint venture supplies engines for vehicles manufactured by Shanghai GM.

GMAC-SAIC Automotive Finance Co., Ltd. became China's first approved and operational automotive financing company when it opened for business in August 2004. The joint venture between GMAC and Shanghai Automotive Group Finance Co., Ltd. (SAICFC) provides retail financing for vehicles manufactured by GM's joint ventures with SAIC. It also supports Shanghai GM dealers by providing financing for their vehicle inventories.

GM Warehousing and Trading (Shanghai) Co., Ltd. is located in Shanghai's Waigaoqiao Free Trade Zone. The wholly owned parts distribution center (PDC) officially started operation in August 1999. It was established to ensure the quick delivery of genuine GM parts to customers in mainland China. The PDC features a fully computerized management and inventory control system and stocks about 25,000 different parts.

GM (China) Investment Corp. is a wholly owned venture based in Shanghai. It houses all of GM's local staff and is an investor in GM's vehicle joint ventures in China.

ACDelco, the world's leading aftermarket brand, operates a growing network of more than 40 wholesale distributors and more than 150 ACDelco Service Centers in mainland China. The facilities, which stock genuine ACDelco parts, provide repair and maintenance services for all makes and models of vehicles on China's roads.

Allison Transmission is the world's largest producer of automatic transmissions for medium and heavy-duty trucks, buses and specialty vehicles. The company is working with Chinese original equipment makers and end users to upgrade the quality of their medium and heavy commercial vehicles. In May 2005, Allison Transmission's first product customization center in the Asia Pacific region opened in Shanghai.

GM-Shanghai Jiao Tong University Technology Institute is a cooperative institution established by GM and Shanghai Jiao Tong University. It focuses on joint research and development, and technical training.

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