SAIC-GM, the main joint venture of General Motors in China, announced that it has just surpassed the historical figure of 20 million vehicles manufactured in the Asian country – the largest automotive market in the world since 2009. This important production milestone was reached on Wednesday, August 12, shortly after the company completed the same amount of total sales in the local market.
Founded on June 12, 1997 as a joint venture between SAIC Motor Corporation and GM, SAIC-GM is the company that manages the Buick, Cadillac and Chevrolet brands in the Chinese market, as well as the OnStar telematics service. It currently has four manufacturing complexes in Pudong, Yantai, Shenyang and Wuhan industrial zones, comprising a total of 9 vehicle production plants and 4 powertrain plants.
The 20,000,000th unit made by SAIC-GM is a blue-colored example of the all-new four-seat Buick GL8 Avenir – the flagship variant of the full-size MPV marketed exclusively for China. The vehicle rolled off the production line of the Cadillac Jinqiao plant, the company’s most modern factory and one of the most advanced in the world. This plant produces all the Cadillac models sold in China today, in the following order: CT6, XT5, XT4, XT6, CT5 and CT4.
As such, SAIC-GM is the fourth manufacturer to break the barrier of 20 million units produced in China, each of which has set a new record this year. In February, SAIC-Volkswagen announced that it had surpassed 22 million vehicles manufactured and reaffirmed its position as the largest manufacturer in China. In March, FAW-Volkswagen completed its 20-millionth assembly, while SAIC-GM-Wuling announced the production of the 22-millionth vehicle on May 25.
By combining the figures of their respective joint ventures, we have that both GM and Volkswagen have manufactured more than 42 million vehicles in China and have the largest market share in the Asian country. For the past two decades, both manufacturers have been in a fierce fight for sales leadership in the world’s largest market, currently led by the German company and its partners.
During its 23-year history, SAIC-GM has strengthened its competitiveness by covering the entire commercial chain and progressively expanding the product line of its three brands. The company began manufacturing on December 17, 1998 with the Buick Regal, the first vehicle to leave the Shanghai South plant. In 2004, it introduced the Cadillac brand and added Chevrolet in early 2005.