GM is slashing prices on 40 Buick, Chevrolet, and Cadillac models in China by as much as $8,700 to boost sales. The country is a major part of the automaker's future growth strategy.
General Motors China has extended its "deepest sympathy" to families of the 75 killed and 185 injured in Saturday's explosion at the Kunshan Zhongrong Metal Products' factory, near Shanghai. Kunshan Zhongrong polishes aluminum wheels for GM vehicles, is a component supplier of Dicastal, a major aluminum parts manufacturer, according to Just Auto.
As of earlier this year, China is General Motors' largest new vehicle market, as measured by new model sales. Given the company's focus on electrification, it makes sense that GM would want to show off some electrified vehicles there. That's just what happened as an "electrification workshop" in Shanghai, recently. And in true GM form, a different make nameplate represented each powertrain type.
He was too talented not to surface somewhere, we just didn't know where and when. Nine months ago, Stefan Jacoby stepped down from his post as Volvo CEO, a move that caught many off guard. At the time, the separation was called "amicable," but word is that the strong-willed executive clashed with owners Geely and the automaker's board.
It's happened. General Motors' biggest vehicle market – at least in terms of new model sales – is China. According to TheDetroitBureau.com, GM and its various Chinese joint venture operations enjoyed a 10.6-percent sales increase in the first half of 2013, selling almost 1.6 million units in the market. That puts GM China about 200,000 units ahead of its US sales totals over the same period – this, despite indicators that the communist nation's economy is losing momentum.
Despite some hiccups, China remains the auto industry's great hope for new vehicle sales, with significant sales gains and a huge upside. Nowhere is that hope more fervent than at General Motors, which offers eight different marques in the Asian nation. China has been GM's single biggest market the last three years running, and is unlikely to give up that title anytime soon. Yet its premiere brand, Cadillac, has remained essentially stagnant, selling just 30,000 units in China last year. That's
At a press conference on Saturday at the Shanghai Motor Show, General Motors announced plans to further expand its presence in the Chinese market. Among those commitments are plans to build four new plants by the end of 2015, giving the automaker the capacity to produce around five million vehicles a year in the country.
Kevin Wale, President of General Motors in China, has announced that he is stepping down at the end of this month. Wale (inset) will be succeeded by the man shown above, Bob Socia, who is currently vice president of the company's purchasing and supply chain. The transition will take effect October 1.
Cadillac's new XTS isn't just headed to China, it will be built there. The forthcoming full-size luxury cruiser had already been earmarked for production in General Motors' Oshawa, Ontario Assembly Plant, but the automaker has just announced in Beijing that it will also be built in China with its joint venture partner Shanghai General Motors.
General Motors has announced that it will partner with China's SAIC Motor Corporation on the development of an all-new electric vehicle. The final product will be sold in China under the SAIC brand, but GM will benefit from the deal by having a new electric vehicle platform which can be used to spawn new vehicles in other global markets.
General Motors has launched its new Kuncheng pickup at the Changchun International Automobile Fair in Changchun, Jilin, China. The first model from FAW-GM's new manufacturing facility in Changchun, the Kuncheng (best translated as 'Earth Journey') promises a better interior, more cargo capacity, improved handling, more modern styling and a priority on safety technology.
General Motors signed a letter of intent to participate in the Shanghai EV International Pilot City Partnership – a program organized by the Society of Automotive Engineers of China, the Jiading District Shanghai International Automobile City Management Committee Office and Tongji University. Shanghai's Pilot City Partnership will implement the Electric Vehicle Initiatives (pdf) that were jointly proposed by the governments of China and the U.S at the Clean Energy Ministerial Meeting held
Following an explosion of interest from new, entry-level car buyers in China, General Motors and joint venture partners Shanghai Automotive Industry Corp. (SAIC) and Wuling Motors have announced the creation of the Bajoun brand. The new brand will focus on passenger cars that slot in beneath current offerings from the JV. Specifically, Bajoun will offer models that are expected to come in below the $8,000 mark. The brand will offer vehicles that feature their low ownership costs and high efficie
While the German automakers – and Buick – mop up outrageous demand for their wares in China's major metropolitan and coastal cities, General Motors wants to be the nameplate of choice in the secondary cities and the interior. And now in conjunction with its joint-venture partners SAIC and Wuling, it has launched another nameplate: Baojun. Meaning "treasured horse," Baojun is the low-cost brand that will sell passenger cars built in China for priced in the area of $7,000.