← GM China Advanced Technical Center Nears Completion

GM China Advanced Technical Center in Shanghai – Copyright GM

By | Published 19 December 2011 | Full size is 1030 × 690 pixels

During the first eight months of 2012, SGMW sold an average of 3,500 vehicles every day, up 15% from the same period in 2011. Domestic sales of its Wuling mini-commercial vehicles this year have surpassed 934,000 units, giving the brand about 50% share of the segment. (Where’s Chrysler?) SGMW also offers passenger cars under the Baojun brand.

GM has 12 joint ventures, two wholly owned foreign enterprises and more than 35,000 employees in China.

SAIC-GM-Wuling has now sold 1,000,000 vehicles in China for the fourth consecutive year. It is the earliest the General Motors China joint venture – required by the communist government as a successful job creating policy – has reached the milestone.

Tweet
Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *