News Room - Business/Economics

Posted on 22 Dec 2008

GM, Shanghai Auto Corp open new car plant in China

General Motors and its China partner Shanghai Automotive Industry Corporation (SAIC) launched a car plant on Wednesday in northeast China, making it one of the world's three production facilities for Chevrolet Cruze cars.

 

As the second joint venture by GM and SAIC in Shenyang, the capital of northeast China's Liaoning Province, the new plant involves a total investment of 2.67 billion yuan (US$390.63 million), and will turn out 150,000 units per year.

 

It will begin full production of Chevrolet Cruze compacts in the second quarter of 2009.