General Motors Corp. held a ground-breaking ceremony for its new engine plant at their minicar factory SAIC-GM-Wuling Automobile Co. in Liuzhou, China.
The 2 billion yuan ($263 million) new engine plant will have a capacity of 300,000 units a year and begin production of 1.1-liter and 1.2-liter engines in August, GM said in a statement.
The new engine plant will facilitate new product developments at the minicar factory, which now buys engines and related parts from outside suppliers, the company said.
SAIC-GM-Wuling Automobile Co. is a three-way commercial vehicle joint venture between GM, Shanghai-based partner SAIC Motor Corp., and Guangxi province-based Wuling Automobile Co. GM owns 34 percent of the venture, SAIC has 50.1 percent and the remainder is held by Wuling Automobile.
