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Old 07-06-2006, 06:09 AM   #1
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Post Shanghai GM business news

General Motors sales have increased 47% in the first half of this year (1-6/06). General Motors and it's joint ventures sold 453 832 cars compared to year ago.

Shanghai Automotive Industry Corp. Group (SAIC), China's most profitable auto maker, rose 49.1 percent in the first half to 201,901 units.

Volkswagen and it's joint ventures posted healthy growth of 30.2 percent for the period, as sales rose to 345,375 vehicles.

PSA Peugeot Citroen's Chinese venture said its vehicle sales rose 38 percent in the first half to 100,173 units, again crediting the rise to new models.

Overall vehicle sales have risen 30.84 percent to 2.97 million units in the first five months of the year, with car sales up 44.2 percent to 2.11 million units.
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Old 08-10-2006, 01:40 PM   #2
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Post Shanghai General Motors' Suppliers Shift into High Gear

Automaker Shanghai General Motors taps Compuware Covisint to connect to hundreds of suppliers worldwide
Traverse City, MI — August 10, 2006 — Compuware Corp. today announced a three-year contract between Shanghai General Motors (GM) and Compuware Covisint. Covisint will provide messaging and integration services for Shanghai GM and hundreds of its suppliers based in Asia, North America, Europe and Latin America.
"Shanghai GM, which was recently ranked No. 1 by the Chinese government for business applications, has suppliers worldwide using multiple technologies, and we all need to securely communicate and transact business with each other," said X.Q. Zhang, chief information officer of Shanghai GM. "Covisint provided our entire supplier community with the visibility, integration and control it needed — overnight."
Compuware Covisint is a strategic IT partner for General Motors and Shanghai GM. Covisint's platform provides a unique combination of standards-based, any-to-any messaging, secure portal, application sharing and industry-specific software services to connect and integrate automotive trading partners. Initially, Covisint will establish connectivity and supply chain visibility across Shanghai GM and its supplier communities that support power-train and vehicle assembly operations. Covisint's platform is also expected to provide local technical support and training to Shanghai GM.
"The automotive industry faces globalization challenges, such as combining new markets with mature markets. For forward-thinking companies like Shanghai GM, this creates tremendous opportunity," said Bob Paul, president and chief operating officer of Compuware Covisint. "Covisint's global platform enables Shanghai GM to go beyond 'bits and bytes efficiencies' and turns supply chain collaboration into a competitive advantage."
Shanghai GM was established in June 1997 and is a 50-50 joint venture partnership between the world's largest automaker, General Motors, and one of China's largest passenger sedan manufacturers, Shanghai Automotive Industry Corp. Group (SAIC). Shanghai GM produces and markets vehicles, engines and transmissions.
http://www.sdcexec.com/article_arch.asp?article_id=8920
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Old 05-14-2007, 01:21 PM   #3
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Post GM China International Activities

SHANGHAI (Reuters) - General Motors Corp.'s (GM.N: Quote, Profile , Research) flagship venture in China said on Monday it plans to export 10,000 of its Chevrolet Lova compact cars to Ukraine in its largest export deal to date, to tap the potential of the Eastern European market.

Shanghai GM, the Detroit giant's tie-up with top Chinese car maker Shanghai Automotive Co. (600104.SS: Quote, Profile , Research), also makes Buick and Cadillac models in China.

Several Chinese carmakers are pursuing ambitious plans to boost exports, although GM has said its joint ventures would remain focused on the China market.

Sales of the Chevrolet Lova have topped 60,000 since its debut in the world's second-largest auto market in March 2006, the venture said in a statement.



It added that about 70,000 of the 1.4 and 1.6 litre engines designed for the Chevrolet models would be sold to South Korea.

http://investing.reuters.co.uk/news/...UKRAINE-DC.XML
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Old 10-03-2007, 06:44 PM   #4
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Old 10-15-2007, 08:30 AM   #5
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Default Shanghai GM to build a big test track

Actually it will be China's biggest vehicle proving ground when completed.

------------------------------------------------

"Shanghai General Motors Co Ltd said it plans to invest 1.6 billion yuan (US$213 million) to build China’s largest and most comprehensive vehicle proving ground in Anhui Province. GM’s flagship manufacturing joint venture in China signed a letter of intent on the project yesterday with the Guangde County government.

The Shanghai GM Guangde Vehicle Proving Ground, which will cover 5.6 square kilometers, will be used to develop new models and carry out test operations for Shanghai GM and GM’s Pan-Asia Technical Automotive Center engineering and design joint venture. The facility will have 60 kilometers of test roads, a high-speed bowl and other tracks. The proving ground will be capable of testing up to 140 vehicles simultaneously under a full range of real-world situations. It is expected to log 20 million kilometers of test drives a year."

- Shanghai Daily -
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Old 11-11-2007, 04:25 PM   #6
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Default GM-SAIC to showcase 'personal mobility' cars

By Xiao Qin
2007-11-12ww.shanghaidaily.com/sp/article/2007/200711/20071112/article_337704.htm

The "personal mobility concept" — clean, sustainably powered small or micro vehicles — will be featured in the joint corporate Expo pavilion of the Shanghai Automotive Industry Corp Group (SAIC) and General Motors Corp.

SAIC and its joint venture partner GM have submitted the theme statement for their pavilion that will present cutting-edge technologies and concepts. The emphasis is on flexible personal urban transportation in keeping with the Expo theme "Better City, Better Life."

SAIC-GM will present the sustainable personal mobility concept and a modern transportation system that puts the environment in the forefront and improves the quality of city dwellers' lives.

The personal mobility concept envisions an emerging class of clean-energy vehicle, such as solar-powered cars, that takes single-person transport to a new level. It's a hot trend in the automobile industry.

"GM has participated in a number of global expositions dating back to the 1933 Chicago World's Fair," said Kevin Wale, president and managing director of the GM China Group.

"We look forward to working with SAIC to re-create the magic of those past events and making our corporate pavilion one of the most popular and talked about at World Expo Shanghai 2010."

SAIC Chairman Hu Maoyuan said, "SAIC and GM are proud to be extending our relationship into the important area of corporate social responsibility."
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Old 12-05-2007, 08:24 AM   #7
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Default GM to build hybrid cars in China in 2008

Source: Auto News
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General Motors will produce a hybrid car in China beginning in 2008. The model will be available for the Beijing Olympics in August, says Martin Murray, manager of Asia-Pacific hybrid engineering for GM Asia Pacific. The launch date and model have not been announced.

Murray would not say what the production volume will be, but demand for hybrids in China is tiny. Hybrids use gasoline or diesel engines along with one or more electric motors to power the wheels.

The Toyota Prius is the only hybrid assembled in China. Assembly from kits began in December 2005. Toyota sold only 2,000 in 2006.

Despite the small sales, GM doesn’t "want to be lagging behind Toyota," says Harry Zhao, China powertrain analyst for CSM Worldwide. "They want to prove to the Chinese customers and government that they have" hybrid technology. CSM forecasts that only 14,000 hybrid powertrains annually will be produced in China by 2013. The biggest barrier to hybrid sales in China is cost, Zhao says. Government incentives that reduce the cost would boost hybrid sales, he adds.

GM China’s hybrid model will carry the automaker’s four-cylinder Ecotec engine, which is already produced in China, Murray says. In the United States, adding hybrid technology to the Ecotec engine adds $2,000 (14,816 yuan) per car, he says. GM sources parts such as the castings and pistons for that engine locally, says Michael Bly, GM engineering director for hybrid vehicle integration and controls. It imports the electric motor, the power inverter module and the battery for the hybrid powertrain. The software that makes the engine, transmission and battery work together is produced by GM, Bly says.

As for worries about intellectual-property theft, he says: "It’s more than just the manufacture of individual components. It’s how you execute it."

Many other automakers in China are planning to launch hybrid models in the next few years. Among them are Shanghai Automotive Industry Corp., which partners with GM in China; Chery Automobile Co.; Ford partner Chongqing Changan Automobile Co.; Volkswagen AG; and Guangzhou Automobile Industry Group.

CSM forecasts that eight hybrid models will be available in China next year. CSM’s Zhao says that by 2013, more than 10 hybrid models will be available in China.
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Old 12-23-2007, 03:23 AM   #8
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Default GM first to sell a million cars in China in one year

General Motors Achieves New Milestone in China. First Global Automaker to Sell 1 Million Vehicles in Single Year.

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General Motors became the first global automaker to sell 1 million vehicles in China in a single year today when GM China Group President and Managing Director Kevin Wale handed the keys to a Buick Park Avenue to Mr. Zhang Jianping at Shanghai GM's corporate showroom in Shanghai.

"Becoming the first global manufacturer to sell 1 million vehicles in China is a demonstration of the strength of our product, our people and our partnerships," said GM Chairman and CEO Rick Wagoner. "China is a very important market, and we're extremely proud of the contribution we have been able to make to the growth and development of its automotive industry. It's been an extremely beneficial relationship for both sides."

GM sales in China first surpassed 100,000 units annually back in 2002. Since then, GM sales have enjoyed steady growth, topping 500,000 annual sales in 2005, thanks to its growing lineup of brands and vehicles. The milestone million mark featured GM's best-known and strongest brand in China, Buick.

"I'm extremely honored to be the one millionth customer in 2007 for General Motors," Mr. Zhang said. "This is my second Buick and I appreciate the performance, safety and durability of Buick. In addition, I was very satisfied with the fuel economy of my first car. After comparing other products in the premium segment for my next car, it made perfect sense to choose the Park Avenue."

"From day one, GM and our partners have been committed to continually rolling out new and upgraded models, with specific engineering done in China for China to satisfy the needs of Chinese vehicle buyers across the country," Wagoner added.

This year, GM and its joint venture partners have begun offering several new products, including the Cadillac SLS luxury business sedan, Buick Park Avenue premium sedan, Chevrolet Captiva SUV, all-new Chevrolet Epica intermediate sedan and Wuling Hong Tu minivan.

According to Wagoner, reaching the new sales mark in 2007 is especially significant as it is taking place in a year in which GM has celebrated several milestones in China. Both Shanghai GM, the automaker's flagship manufacturing joint venture, and the Pan Asia Technical Automotive Center (PATAC), GM's engineering and design joint venture with Shanghai Automotive Industry Corporation (SAIC), marked their 10th anniversaries earlier this year. SAIC-GM-Wuling, GM's mini-vehicle joint venture, also celebrated its fifth anniversary.
source: Autoblog, Dec 22nd 2007
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Old 01-03-2008, 11:22 AM   #9
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Shanghai GM sales top 500,000 units in 2007.

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January 3, 2008 – Shanghai GM becomes the first passenger vehicle company to sell over 500,000 vehicles a year, leading car sales in Chinese market for three consecutive years.

Chevrolet vehicles, the fastest growing brand of Shanghai GM, sold 160,500 units, which represents an increase of 56.4 percent from one year earlier. The Buick brand sold 332,000 vehicles, an increase of 27,800 units from a year earlier.

Shanghai GM's best selling model, Buick Excelle sold 16,000 vehicles a month on average. Shanghai GM's premium sedan Park Avenue and Buick LaCrosse together sold 77,000 units in 2007.

Also, Shanghai GM sold 7,040 units Cadillac in 2007, of which Cadillac SLS accounted for 62 percent of the total. The late-comer Saab also saw sales of 618 units, up 87 percent year on year.

It is worth noting that the Shanghai GM, a 50:50 joint venture company between SAIC Motor Corp and GM, sold 429,329 vehicles in the first eleven months, but it sold more than 70,000 units for December alone, a remarkable achievement for any automaker in China.
source: Gasgoo.com
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Old 01-10-2008, 11:58 AM   #10
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General Motors sold 1.03 million vehicles in Chinese market.

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January 10, 2008 – General Motors has sold 1,031,974 vehicles in Chinese market in 2007, up 18.5 percent from one year earlier, the company announced today.

Shanghai GM sold 479,427 vehicles in domestic market (not including exports), up 16.9 percent from one year earlier. Buick, Shanghai GM’s best selling brand, sold 332,115 vehicles, of which the most popular Excelle sold an impressive amount of 197,072 vehicles. Shanghai GM also sold 42,000 GL8 MPV vehicles.

In luxury car segment market, Shanghai GM sold 77,000 Park Avenue and Lacrosse vehicles, 7,040 Cadillac and 618 Saab vehicles.

In minivan segment, SAI-GM-Wuling, a joint venture in which General Motors holds a 34 percent stake, sold 548,945 vehicles, up 20.1 percent from one year earlier. The best selling model, Wuling Sunshine sold a surprising amount of 367,744 vehicles, the best selling model in Chinese market.
source: Gasgoo.com
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