GM China Fact Sheet
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GM Communications China Corporate Communications Shanghai, China GM China – Company Fact Sheet April 2013 Founded June 26, 1991; headquarters in Shanghai, China Country Operations Leader Bob Socia, President of GM China and Chief Country Operations Officer of China, India and ASEAN Brands Chevrolet Cadillac Buick Baojun Opel Jiefang Wuling GM has 12 joint ventures, two wholly owned foreign enterprises and more than About GM China 55,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2012, GM sold more than 2.8 million vehicles in China. GM has been the sales leader among global automakers in the market for eight consecutive years. Number of Employees 55,000 (including joint ventures) 1. Shanghai General Motors Co. Ltd. (Shanghai GM) – 50/50 JV with SAIC 2. Pan Asia Technical Automotive Center (PATAC) - 50-50 JV with SAIC Joint Ventures 3. SAIC-GM-Wuling Automobile Co. Ltd. (SAIC-GM-Wuling) - SAIC has a 50.1 percent stake, GM China a 44.0 percent stake and Wuling Motors a 5.9 percent stake 4. Shanghai GM (Shenyang) Norsom Motors Co. Ltd. - SGM holds a 50 percent stake and oversees management. GM China and SAIC each hold 25 percent stakes 5. Shanghai GM Dong Yue Motors Co. Ltd. - JV manufacturing facility situated in Yantai, Shandong. Shanghai GM holds a 50 percent stake and oversees management. GM China and SAIC each hold 25 percent stakes in the facility, which manufactures Chevrolet vehicles. 6. Shanghai GM Dong Yue Automotive Powertrain Co. Ltd. is a joint venture located in Yantai, Shandong. Shanghai GM owns 50 percent and oversees management. GM China and SAIC each own 25 percent. 7. GMAC-SAIC Automotive Finance Co., Ltd – GM owns 40%, Shanghai Automotive Group Finance Co. Ltd. Owns 40% and Shanghai GM (20%). 8. Shanghai OnStar Telematics Co. Ltd. - OnStar and SAIC subsidiary Shanghai Automotive Industry Sales Co. Ltd. (SAISC) each own 40 percent of the joint venture. SGM owns the remaining 20 percent. 9. FAW-GM Light Duty Commercial Vehicle Co. Ltd. is a 50-50 joint venture between GM China and China FAW Group Corp 10. SAIC General Motors Investment Limited is a 50-50 joint venture investment company between GM and SAIC 11. Shanghai Chengxin Used Car Operation and Management Co., Ltd. - GM China and Shanghai GM each have of 33 percent, with SAISC holding the remaining 34 percent. 12. SAIC General Motors Sales Co. Ltd. is a joint venture between GM China and SAIC Motor that was established on November 25, 2011. GM China has a 49 percent stake and SAIC Motor a 51 percent stake. Grow Cadillac – to respond to demand in growing luxury market. Introduced 2013 Focus Areas XTS in 1st quarter and is locally built in Shanghai. Will add one new Cadillac locally produced model per year through 2016. More SUV entries – Encore, Captiva and more to come to meet market demand in this growing segment. Exports- continue to leverage our partnerships and products from SGM and SGMW such as Sail and Wuling vans to grow exports to GM overseas markets. Dealerships 3,800 dealerships across all JVs at year end 2012 Details below Manufacturing GM’s preference is to build where we sell in all global markets. Today only a few models are imported to China, the rest are locally built New plants opened in 2012 increased capacity by about 20% in 2013 compared to 2012. (SGM Dongyue and SGMW Liudong) Details below on locations 3 design centers – 1 wholly GM owned and 2 with PATAC (Shanghai and Liuzhou) Engineering, Design and Technical 2 technical centers in Shanghai – 1 wholly GM owned and 1 with PATAC Centers 1 advanced technical center in Shanghai Proving Grounds 1 proving ground in Guangde, Anhui province 2013 Sales Expect GM’s performance will continue to outpace the industry growth in 2013, about 8-10% growth above 2012 levels (2.8 million units). In the first quarter of 2013, GM and its joint ventures sales in China reached all- time high to 816,373 units, an increase of 9.6% from the same period last year. 2012 Sales and Market Share In 2012, domestic sales of vehicles by GM and its joint ventures were 2,836,128 units, up 11.3%. Record market share of 14.6% Annual sales history detail from 2001 is below Page 2 of 4 Sales Growth of GM China and China Industry for the Past 11 Years China became the world’s largest vehicle market in 2009 Volume 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 SGM 60,264 114,384 204,814 254,522 325,340 409,932 479,427 445,709 727,620 1,033,307 1,200,355 1,331,022 SGMW 180,188 235,188 335,187 457,123 548,945 647,296 1,061,213 1,226,860 1,285,820 1,445,203 FAW-GM 34,860 88,224 56,132 55,609 Others 43,038 27,603 4,816 2,301 2,942 3,878 3,602 1,556 2,783 3,219 4,864 4,294 GM China 103,302 141,987 389,818 492,011 663,469 870,933 1,031,974 1,094,561 1,826,476 2,351,610 2,547,171 2,836,128 Growth 38% 37% 175% 26% 35% 31% 18% 6% 67% 29% 8.3% 11.3% China 2,468,806 3,375,465 4,562,709 5,247,107 5,750,339 7,101,546 8,457,399 9,073,799 13,744,95 18,289,05 18,696,00 19,393,643 Industry 8 3 3 Growth 13% 37% 35% 15% 10% 23% 19% 7% 51% 33% 2.2% 3.7% GM China 4.2% 4.2% 8.5% 9.4% 11.5% 12.3% 12.2% 12.1% 13.3% 12.9% 13.6% 14.6% mkt share GM China Manufacturing Strategy/Footprint Summary SGM - 6 Norsom I Norsom II Dongyue North Dongyue South Jinqiao North Jinqiao South FAW-GM - 3 Harbin Changchun Hongta SGMW - 4 Qingdao Liuzhou East Liuzhou West Liudong Assembly Plant Total - 13 Powertrain Plant Total - 4 Page 3 of 4 China Dealer Network - Growing by about 10% (about 400 dealers) in 2013 from roughly 3800 to 4200 Number of outlets by brand 2011 2012 2013 Target GM China all joint ventures 3060 3840 4265 Page 4 of 4 .