Tag Archives: saic

General Motors India to End Manufacturing, Sell Halol Plant

GM’s presence in India since 1996 – but going back to 1928 with Opel and forced out by the government in 1954 – revolves around the Chevrolet brand – Cruze, Sail, Sail Hatchback, Beat, Spark. GM is the 5th largest automobile manufacturing company in India after Maruti Suzuki, Hyundai, Tata Motors and Mahindra. Continue reading

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General Motors Financial Net Income Up slightly in Q1

GM has now rebuilt its former GMAC Financial empire as a separate business after GMAC (aka Ally) one that went bankrupt over demonstrably and fraudulently bad home loans during the Great Recession. Continue reading

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GM Sets Annual Sales Record in China with a Record November

With record domestic Chinese deliveries of 260,018 vehicles in November, GM’s sales in 2012 reached 2,593,642 units in the first 11 months, the most ever. Last month’s sales were the highest ever for November and the second highest for any month in GM’s largest market, increasing 9.7% from November 2011. Continue reading

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GM China Expands Advanced Technical Center in Shanghai

Increasingly, sophisticated engineering and development work once done in the U.S. is being shifted to China. Last August, GM began fabricating and testing prototype battery cells and complete systems at the ATC. At the same time, SAIC and Shanghai GM and the Automotive Technical Center opened China’s largest proving grounds. Continue reading

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GM to Increase Electric Vehicle Development in China

General Motors is increasing the development of electrified vehicles in China, the company’s senior technology leader said during a speech at the FISITA 2012 World Automotive Congress in Beijing. In September 2011, GM China opened the Advanced Materials Lab in Shanghai. The facility, which is part of the GM China’s sprawling Advanced Technical Center, is engaged in research on battery technology and lightweight materials.

This is the result of a deal between SAIC Motor Corporation and GM for the co-development of a new electric vehicle architecture in China. Communist Chinese industrial policy requires local partners as a condition of access to the market. Continue reading

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GM and SAIC Open the Largest Proving Grounds in China

General Motors and its Chinese communist government dictated partners – SAIC, Shanghai GM and the Pan Asia Technical Automotive Center – have opened China’s largest proving grounds with 37 miles or 60 kilometers of test roads. The 5.67-square-kilometer (2.18 square miles) Guangde Proving Ground in Guangde County, Anhui, represents an investment of RMB 1.6 billion ($253 million). Shanghai GM and PATAC are managing the proving ground’s operation, which includes support facilities to test 67 different driving conditions

It is the latest transfer of white-collar professional salaried jobs from the U.S. taxpayer controlled company to the businesses operating in the world’s largest auto market, which is strictly regulated by the Chinese Central government in a successful jobs creation program that requires local partners and onshore investment as the price of doing business. Continue reading

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SAIC-GM-Wuling JV in China Sells 1,000,000 Vehicles

SAIC-GM-Wuling has 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. In 2011, SGMW sold its 1 millionth vehicle in October. Continue reading

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More Jobs to China as GM Will Develop a New Global Engine Family with SAIC and Pan Asian Technical Center

General Motors will develop an all-new global family of small-displacement “Ecotec” gasoline engines over the next several years in China in conjunction with the Shanghai Automotive Industry Corp. (SAIC), Shanghai General Motors (SGM) and the Pan Asia Technical Automotive Center (PATAC). Continue reading

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Chevrolet to Produce Spark EV All-Electric Vehicle

Chevrolet today announced it will produce an all-electric version of the Chevrolet Spark mini-car – the Spark EV. It will be sold in limited quantities in some U.S. and global markets starting in 2013 in California. The company needs to the CAFE credits from an EV in order to meet impending fuel economy requirements in the U.S. Continue reading

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New MG in Production at Longbridge – It’s Chinese

The new four-door hatchback, priced from £15,495 – £18,995, is a far cry from the two-seat TC, TD and TF models that were loved – and bought – by repatriated U.S. soldiers in the post WW2 years. Continue reading

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