General Motors and partners open new plant in China

General Motors, SAIC, and Wuling Motors opened a new car plant Nov. 18 in Liuzhou, Guangxi Zhuang Autonomous Region, southern China. The three companies are partners in SAIC-GM-Wuling (SGMW). It was on the JV's 10th anniversary that the first car (a Baojun 630 midsize sedan) rolled out of the new $1.28 billion, 2-million-ft² (200,000-m²) plant. Baojun is a passenger-car brand of SGMW. The joint venture also produces Wuling-brand minivans and minitrucks at other plants. SAIC holds a 50.1% stake in SGMW, GM 44.0%, and Wuling 5.9%. Annual capacity at the new plant is 400,000 units.