General Motors and SAIC Motor today announced a 20-year extension of their joint venture partnership to 2047. This is GM’s latest commitment to selling vehicles in world’s largest auto market. GM led the way starting in 1997 among global automakers to profit from China, whose sage industrial policy required that advanced western automakers link with local partners via JVs so that Chinese jobs were created and profits shared with Chinese communities. This also transferred advanced western mass production technologies, engineering processes and prowess, to China so that it emerged as the preeminent Global Force in automobility. GM posted second-quarter 2026 sales of more than 357,000 units in China,*

“Today’s agreement reflects our shared confidence in SAIC-GM and its long-term growth potential,” said John Roth, GM Senior Vice President and President of GM China. “We are committed to strong performance in the China market, and we see meaningful opportunities to compete in select international markets: the Middle East, Africa, South America, Mexico and Asia-Pacific.”

The renewed contract means that the JV will continue to accelerate technological transformation, explore new growth opportunities – including jobs – and deliver sustainable profitability.