Is SAIC-GM-Wuling a Domestic Brand?
1 Answers
SAIC-GM-Wuling is a domestic brand. Below is relevant information about SAIC-GM-Wuling: 1. SAIC-GM-Wuling is a relatively unique domestic automotive brand in China. 2. In terms of equity ownership of Wuling's vehicle business, SAIC Group holds 50.1%, General Motors holds 44%, and Wuling Motors holds 5.9%. 3. Wuling is registered under the State-owned Assets Supervision and Administration Commission of Guangxi Zhuang Autonomous Region, so Wuling Motors is classified as a domestic automotive brand. 4. Wuling Motors primarily manufactures minivans and small trucks, holding a significant position in the automotive market. 5. The minivans produced by Wuling Motors utilize a rear-wheel-drive system, where the engine's power is only distributed to the rear wheels, while the front wheels are solely used for steering. 6. Due to the high demand for power when transporting goods, Wuling Motors adopts a rear-wheel-drive configuration.