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Archive · Last published 2026-08-14
Story file

GM-SAIC China joint venture evolution

The developments in this story so far, most recent first.

  1. Milestone

    GM and SAIC Motor extend Chinese joint venture for 20 years

  2. · date approximate Background

    General Motors incurred $1.1 billion in special charges following restructuring actions last year.

    General Motors reported incurring $1.1 billion in special charges last year as a result of restructuring actions.

  3. · date approximate Background

    General Motors earnings from China fell from approximately $2 billion annually in 2018.

    In 2018, General Motors' earnings from China fell from approximately $2 billion annually.

  4. · date approximate Background

    The initial joint venture agreement between General Motors and SAIC Motor was established.

    The joint venture between General Motors and SAIC Motor was established in 1997 with an initial duration of 30 years. Since its establishment in China, the partnership has produced and delivered more than 20 million vehicles.

  5. Date unknown Background

    China was the top sales market for General Motors from 2010 to 2023.

    Between 2010 and 2023, China served as the leading sales market for General Motors.