GM Begins Exporting its First Chinese-developed Car

Oct. 21, 2010
Company is the first international automaker to export a passenger car developed in China

General Motors said on Oct. 21 that it began exporting its Chevrolet New Sail small family sedan to Chile.

Shanghai GM, the car maker's joint venture with leading Chinese automaker SAIC, said it also plans to sell what it calls the "ideal car for Chinese families" in other markets in South America, North Africa and the Middle East.

"It represents a breakthrough in our strategy to create products for China and other emerging markets," Terry Johnsson, Shanghai GM vice-president for sales, service and marketing said.

GM is the first international automaker to export a passenger car developed in China, Johnsson said.

Since its debut in January, Shanghai GM has sold 90,000 New Sail cars in China, putting it at the top of its segment, the statement said.

GM is the market leader in China, which overtook the United States last year to become the world's biggest auto market.

The automaker and its joint venture partners expect to sell more than two million cars in China this year after selling a record 1.83 million in 2009.

In a sign of Chinas importance to GM, the company based its international operations in Shanghai.

Copyright Agence France-Presse, 2010

Popular Sponsored Recommendations

Executive Summary: Enterprise Resource Planning Manages Manufacturing Risk and Uncertainty in 2024

Jan. 4, 2024
Explore the future of manufacturing in 2024 by discovering how cloud-based ERP systems can help manufacturers thrive amidst supply chain disruptions and economic uncertainty.

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

S&OP Optimization: Data-driven Strategies to Achieve Sustainable Profitability

Feb. 6, 2024
Through collaborative S&OP, manufacturers can balance demand and supply effectively, optimize resources, and capitalize on emerging market opportunities. Learn how to maximize...

Building on Resilience

Dec. 18, 2023
To build the industry of tomorrow, 96% of the Fortune 100 manufacturing companies use Splunk to secure, sustain and manage operations.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!