Are Shanghai GM and SAIC-GM the same?
1 Answers
Shanghai GM and SAIC-GM are the same entity. Shanghai GM was the former name, which was changed to SAIC-GM in 2015. The new name highlights the cooperative relationship between SAIC and GM, while the old name merely indicated that General Motors China was registered in Shanghai. Shanghai GM was established on June 12, 1997, as a joint venture between SAIC Motor Corporation Limited and General Motors Company. Relevant information about joint venture vehicles is as follows: 1. Introduction: A project jointly established by Chinese and foreign investors. The Chinese side contributes by providing land and factory usage rights, as well as capital, while the foreign investor provides the brand, technology, capital, talent, etc. Joint venture vehicles are the products of such collaborations. Foreign partners provide technology, talent, and brands for domestic assembly, but the core technology remains under foreign control. 2. Joint venture brands under the FAW Group include: FAW-Volkswagen, FAW-Audi, FAW-Mazda (all produced in Changchun, Jilin), and FAW-Toyota (produced in Changchun, Jilin; Tianjin; and Chengdu, Sichuan).