Category Archives: SGMW

SGMW to Release Baojun 630 Hatchback Next Year

baojun 630

Not content to be the largest microvan maker in China, the three way joint venture of SAIC, General Motors, and Wuling (SGMW) plans to build a complete passenger-car line under the Baojun brand. Utilizing outdated platforms from Shanghai-GM, the company has developed Baojun 630 compact (derived from Buick Excelle) and Lechi subcompact (a re-badged Chevrolet […]

2012 Sales of SGMW Topped 1.45 Million

SGMW announced today that it successfully defended its title as the largest auto venture in China by delivering 1,458,000 vehicles in 2012 (although conglomerates like SAIC, FAW, Dongfeng, Changan, and BAIC, claim larger combined sales from affiliates). Growing 12% on year, sales exceeded the original target of 1.35 million. For 2013, SGMW eyes a modest […]

SGMW Opens “Baojun Auto City”

sgmw baojun auto city

On November 18, its tenth anniversary, the three-way joint venture of SAIC, GM, and Wuling (SGMW) started production in "Baojun Auto City," its new base in Liuzhou, Guangxi. Occupying a land of 207 hectares in the eastern part of the city, the new base is designed to churn out 400,000 Baojun-brand passenger cars a year. […]

SGMW To Build Factory in Chongqing

To raise annual production capacity to 2 million in three years as planned, SAIC-GM-Wuling has chosen Chongqing in southwestern China as the location of its new vehicle plant. According to reports from Chongqing Daily, the automaker is about to sign an agreement with the local government and lay foundation for the new plant before the […]

GM Posts Best Quarterly Sales in China

GM looks unstoppable in China, setting new quarterly sales record in the first three months of 2012. Its three local ventures, Shanghai GM, FAW GM, and SAIC-Wuling-GM, posted combined sales of 257,944 vehicles in March, 10.7% more than the same period a year earlier. In Q1, deliveries increased 8.7% to 745,152. In March, the passenger […]

GM and Partners Release Baojun 630 Compact Sedan

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The three way joint venture of SAIC-GM-Wuling (SGMW) released the first Baojun model, the 630 compact sedan, on August 9. All three current versions, priced at 62,800 yuan ($9,820), 66,800 yuan, and 73,800 yuan, employ a 1.5-liter petrol engine and 5-speed manual transmission; the combination of a 1.8-liter engine and automatic transmission is said to […]

SGMW Rebages Chevrolet Spark as a Baojun

baojun-chevy-spark-lechi

Under the new passenger car marque Baojun, launched last year, the three-way joint venture SAIC-GM-Wuling (SGMW) plans a near-complete product line: first a compact sedan, Baojun 630, to be released before April; then a subcompact to come out in the second half of 2011, to be followed a MPV and SUV. Recently leaked photos reveal […]

January Passenger Car Sales Rose 15.3% to 1.4 Million Units

China Passenger Car Association (CPCA) reports on Monday that 1,402,764 units of new passenger cars (sedans, SUVs, MPVs, microvans) were sold in China in January, up 15.3% from a year earlier but down 4.8% from the last month of 2010. The SUV sector continued to lead sales increase, growing 66.6% on year to reach 140,993 […]

GM Successfully Increases SGMW Stake to 44%

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Fulfilling a deal reached last year, Wuling has transferred a 10% stake it held in SAIC-GM-Wuling (SGMW) to General Motors (GM) after the Chinese government gave go-ahead, as confirmed by both sides this week. The transaction increased GM’s holding in SGMW from 34% to 44%, giving it more say in running the largest microvan maker […]

SAIC Sold Record 3.58 Million Vehicles in 2010

Shanghai Automotive Industry Co. (SAIC) reports today record annual sales of 3.58 million new vehicles for 2010, up 31.5% from 2009. The number includes 2.279 million passenger cars (up 41.9%) and 1.304 million commercial vehicles (up 16.6%). Deliveries of the brands it fully owns, including Roewe and MG, increased 77% to 160,000 units, but still […]

GM’s China Sales Rose 28.8% to 2.35 Million Units in 2010

General Motors reports today its Chinese ventures sold 2,351,610 new vehicles in the domestic market in 2010, 28.8% more than 2009, making it the first foreign automaker to pass 2 million in annual China sales. GM builds and sells vehicles in China through three joint ventures: Shanghai-GM (for mainly Buick, Chevy, and Cadillac), SAIC-GM-Wuling (SGMW, […]

August Sales: Ford, GM, Hyundai-Kia, Mazda, Shanghai Volkswagen, Skoda, Audi

Ford and its Chinese joint ventures sold 44,074 new vehicles in August, up 24% year-on-year. In the first eight months, sales increased 42% from the same period last year to 368,103 units, including 251,046 from Chang’an-Ford-Mazda. 13,039 units of Focus and 4,629 of Fiesta, both from Chang’an Ford, were delivered last month. Sales of the […]

H1 Profit of SAIC Motor Quadrupled to 5.87 Billion Yuan

SAIC Motor (600104.SS), controlled by SAIC Group, reports today that its net profit in the first half of 2010 reached 5.871 billion Yuan, or $863 million, up 306% from the same period last year. Revenues increased 140% to 147.6 billion Yuan, including 51.7 billion Yuan from Shanghai GM. Its subsidiaries and joint ventures sold a […]