General Motors and SAIC have announced the appointment of Wang Xiaoqiu as the President of the joint venture. Mr. Xiaoqiu replaces Ye Yongming, who has left the organization.
Born in 1964, Mr. Xiaoqiu began his automotive career in 1988 and most recently headed Shanghai Diesel Engine Co., Ltd. from November 2009. Earlier in his career, he served as Vice President of SAIC Motor Passenger Vehicle Co.; General Manager of Shanghai Auto Manufacturing Co.; Vice President of Shanghai Motor Co. Ltd.; Vice President of Kolbenschmidt Pierburg Shanghai Nonferrous Components Co., Ltd.; Deputy Director of the Shanghai Auto Industry Technical Center; and Deputy Director of the Shanghai Auto Industry Quality Supervision Center.
In replacing Mr. Ye, who became Shanghai GM’s President in February 2011, Mr. Xiaoqiu will take over during a period of record sales, as Shanghai GM has been the leader in passenger vehicle sales in China for the past two years. In 2012, the joint venture between General Motors and SAIC sold 1,331,022 vehicles in China and exported 61,636 vehicles to other emerging markets. Ye also championed Shanghai GM’s long-term strategy for sustainable development.
Among GM’s various joint ventures in China, Shanghai-GM can be considered by General Motors enthusiasts to be the “main” operation as it is responsible for the sale of GM’s core vehicle brands, including Chevrolet, Buick, and Cadillac.