Which country does the Wuling brand belong to?
1 Answers
Wuling, officially known as SAIC-GM-Wuling, is a unique joint venture brand in China. The ownership of Wuling's vehicle business is divided as follows: SAIC holds 50.1%, General Motors holds 44%, and Wuling Motors holds 5.9%. However, the Wuling brand is registered under the State-owned Assets Supervision and Administration Commission of Guangxi Autonomous Region in China, making Wuling a domestic Chinese brand. More information about Wuling is as follows: 1. Wuling has always adhered to the manufacturing philosophy of 'simplification and low cost,' primarily producing minivans and small trucks. 2. The predecessor of SAIC-GM-Wuling was Liuzhou Wuling Tractor Factory. To obtain an automobile production license, it partnered with SAIC, forming the SAIC-Wuling Automobile Group. SAIC-Wuling mainly produced microvans and achieved great success, even exporting to Thailand. Due to the importance of technology for development, SAIC-Wuling, lacking advanced technology, sought further cooperation and eventually secured investment from General Motors.