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GM opens new plant in China

Published: Tue, November 20, 2012 @ 12:00 a.m.

Associated Press


General Motors Co. and its local Chinese partners have launched a second plant to make cars for its local discount brand Baojun, ratcheting up the battle for customers at the fast-growing lower end of the world’s biggest auto market.

The SAIC-GM-Wuling joint venture opened the factory Sunday in southwestern Guangxi province. GM and its partners have invested $1.3 billion in the facility, which will be capable of turning out up to 400,000 vehicles a year.

The joint venture also is building a powertrain factory at the plant that will be able to produce up to 400,000 engines annually. It’s scheduled to open in September 2013.

The first car to roll off the plant’s production line was a Baojun 630 midsize sedan, one of two cars sold under the only-in-China badge. The 630 sells for about $10,100, while the Le Chi mini car goes for about $6,400.

China surpassed the United States as the world’s biggest auto market by vehicles sold in 2009, but slowing sales growth has prompted global automakers to look for new ways to tap the faster-growing low end of the Chinese market in smaller cities and the countryside.


1rickking123(292 comments)posted 1 year, 10 months ago

Island Mike
Island Mike

GM is alive and investing in China.

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2AnotherAverageCitizen(1174 comments)posted 1 year, 10 months ago

GM will build cars in China and sell the cars in China.

Honda invested money in the USA, and builds cars in the USA, to be sold here,

GM is alive. We should be proud and thankful that it is still ALIVE.

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3ytownredux(117 comments)posted 1 year, 10 months ago

And unlike most companies georgejeanie, GM brings the money it earns back to the US and is willing to pay taxes on it, instead of keeping Trillions overseas so the profits will only be in the 100's of millions instead of the 10's of millions, poor, poor 1%.

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