What is the difference between SAIC and SAIC-GM?
2 Answers
SAIC Group is the parent company of Shanghai GM, while Shanghai GM is a subsidiary of SAIC-GM. Here is the relevant information: 1. SAIC-GM: Shanghai GM was the previous name, which was changed to SAIC-GM in 2015. The new name highlights the cooperative relationship between SAIC and GM, while the old name only indicated that GM China's registered address was in Shanghai. Shanghai GM was established on June 12, 1997, as a joint venture between SAIC Motor Corporation Limited and General Motors Company. 2. SAIC: GM is the abbreviation for General Motors in the United States. SAIC Group's main vehicle enterprises include Passenger Vehicle Company, Commercial Vehicle Company, Shanghai Volkswagen, Shanghai GM, SAIC-GM-Wuling, Nanjing Iveco, SAIC-Iveco Hongyan, and Shanghai Sunwin.
SAIC Group, also known as Shanghai Automotive Industry Corporation, is a domestic automotive giant in China that independently develops and manufactures its own car brands, such as Roewe and MG, which are purely domestic models. It serves as a pillar enterprise in China's automotive industry, with its roots tracing back to the 1950s. On the other hand, SAIC-GM is a joint venture between SAIC and American General Motors, established in 1997, specializing in producing GM brands like Buick and Chevrolet, which carry a more international style. Simply put, SAIC is the parent company and the big boss covering the entire industrial chain, while SAIC-GM is one of its specific cooperative projects focused on selling and servicing American-branded vehicles. When buying a car, Roewe's service centers are more localized, whereas Buick may require visits to dedicated joint-venture dealerships. This division of labor helps enhance China's automotive technology.