General Motors is to increase its investment in a Chinese commercial vehicle joint venture, according to local media reports.


GM is in talks with the parent of Shanghai-based SAIC Motor Corp to raise its stake in SAIC-GM-Wuling, a three-way tie-up between GM, SAIC and Liuzhou Wuling Automobile, the Shanghai Securities News, citing unnamed sources, said, according to Reuters.


SAIC-GM-Wuling is a major maker of minivans and light commercial vehicles.


Officials at GM in Shanghai and SAIC declined to comment to the news agency.


The report said GM now holds 34% of the venture, SAIC holds a 50.1% stake and Liuzhou Wuling, based in the southwestern region of Guangxi, has the remaining 15.9%.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.