General Motors Inks Deal with Chinese Manufacturer

General Motors will produce commercial vehicles in India with Chinese auto manufacturer Shanghai Automotive Industry Corporation (SAIC). The new collaboration will give GM India access to various products including mini-commercial vehicles from its Chinese joint venture. According to Nick Reilly, GM International president for operations, the new JV will invest about $650 million in India.

SAIC intends to provide all support to the new JV to produce commercial vehicles where GM India will offer production units and S&D network. "The JV will explore business opportunities in Asia Pacific and other emerging markets. The first market that the JV will venture into will be India," said Karl Slym, GM India President and Managing Director.

The company will roll out its first vehicle in India by 2011 which will be produced at GM India’s Halol factory in Gujarat. It will also shift some of its production base from Halol to Talegaon unit in Maharashtra. GM and SAIC already have one of the most successful joint ventures in China and Korea. The new partnership in India hopes to bring new CVs and passenger vehicles in India including electric cars using Reva’s electric technology.

• GM - The largest automaker delivered 9 million vehicles in 2011           January 21, 2012
• GM to make next-generation Impala at its Oshawa, Ontario plant           December 30, 2011
• General Motors to expand its base in China           December 10, 2011
• GM offers repurchasing Chevrolet Volt from customers           December 05, 2011
• General Motors India wins ‘National Safety Award 2012’ for the 3rd consecutive year           November 30, 2011
• Auto companies crippled by falling rupee; General Motors, Toyota plans price hike           November 24, 2011
• General Motors and Toyota mull car price hike as depreciating rupee shrink margins           November 23, 2011
• General Motors India sales surge marginally in October 2011           November 02, 2011
• General Motors sales surge 17.35 percent in September           October 05, 2011
• General Motors plans to exhume 5 new cars by 2014 in India           September 27, 2011
• GM India to review vehicle prices next month, a small hike is expected           September 23, 2011
• GM Motors’ Hybrid Encounters Chinese Intervention           September 07, 2011
• GM and LG join hands           August 26, 2011
• GM joins hands with LG to develop electric cars           August 26, 2011
• General Motors India to focus on smaller cities and towns to boost sales           August 16, 2011