Whitacre: GM-SAIC Deal Was Henderson’s Idea
GM Chairman and CEO Ed Whitacre has made his first real media availability today, answering questions on a number of issues including the deal that sent control of GM’s most important Chinese joint...
View ArticleGM Gets A Deal In China: 10% Of Wuling For $51m
GM appears to be sick of the constant needling it receives about their Wuling joint venture in China. Here is a company that produces half of the 2 million cars GM proudly announced as theirs in...
View ArticleBaoJun: China’s Trojan Export Horse. By GM
Yesterday, Ed introduced us to the latest addition to GM’s brand portfolio, the BaoJun. Introduced in China, it is allegedly slotted below the Chinese Chevrolet and the Chinese Buick, and supposedly,...
View ArticleGM China’s November Numbers, And A Deep Look In The Crystal Ball
GM China, our recently no longer so reliable oracle for the Chinese market, raised its November sales by 11 percent, compared to an absolutely batty November 2009. 11 percent are not the same growth...
View ArticleGM China Copies Old Detroit Tactic: Sacrifice Profits For Volume
GM China always had a comfortable lead over Volkswagen in China – at least on paper. More than half of GM China’s volume comes from small delivery vans, made by a three-way joint venture with SAIC and...
View ArticleVolkswagen Encroaches On GM In China
GM is casting nervous glances at its perennial antagonist in China, Volkswagen. For both, China is a strategic high ground. GM sells more than a quarter of its global production in China. GM sold a...
View ArticleWuxing v.v. Wuling: Fight Of Chinese Van Makers Will Be Felt In America
A fight between two makers of cheap Chinese delivery vans will spill over to America – in more ways than one. China’s Jonway is a small carmaker from Zhejiang Province. Usually known for cheap pickup...
View ArticleGM Buys Indian JV Stake From SAIC, Estimated Cost Pegged at $125 Million
”It’s too early to say for sure whether GM will purchase the controlling stake in HKJV, and thereby regain full control of its India business. It is unlikely that SAIC will relinquish its grip on...
View ArticleGM Invests More Into Fake Chinese Brand
GM added more capacity to its Chinese Baojun brand by opening a factory in Liuzhou, southern China. Plant and brand are part of the SAIC GM Wuling joint venture, where GM holds 44 percent, SAIC 50...
View ArticleQOTD: Would You Ever Consider China’s Best-Selling EV?
While Tesla’s Model 3 sedan is supposedly taking the world by storm, some hot competition has been reported in China. The Hongguang MINI EV has eclipsed the offspring of Elon Musk to become the...
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