General Motors Corp. and Shanghai Automotive Industry Corp. team up to bail out GM’s troubled Jinbei venture in Shenyang, China. The deal will create a fourth car-production base for the GM-SAIC team. GM, SAIC and their existing joint venture, Shanghai-General Motors Automotive Co. Ltd., together will purchase the 50% stake held by four other Chinese entities at Jinbei-GM. A 25% stake of Jinbei-GM, which is 50%-owned by GM, would be transferred to SAIC. Then the four Chinese companies ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.