On March 8, according to the Financial Associated Press, GM China plans to introduce more imported models to the Chinese market and establish a sales channel independent of its joint venture SAIC-GM in China. This sales channel may be a direct sales model.
To this end, Caijing.com contacted the relevant person in charge of GM China. The other party said: "GM China is now planning the business of high-end imported cars, and there is no more channel information to disclose."
At the same time, Caijing.com also contacted SAIC-GM. The other party said: "I have heard about this recently. All imported cars will be imported, and no production will be involved. Therefore, the sales channel will be independent. If it involves production, it will definitely be On SAIC-GM's side."
General Motors, which has participated in the China Import Commodities Expo for four consecutive times, has repeatedly released signals that it will introduce more imported models to the Chinese market. Among them, at the third CIIE in 2020, General Motors China President Julian Blissett said, "General Motors insists on introducing the best products, technologies and services to China. From entering new market segments, Seeking innovative sales channels to create the ultimate user experience"; and at the fourth CIIE last year, Felix Weller, vice president of GM China's high-end import business, said again, "GM is actively preparing to build a high-end import business. , to introduce the on-site models into the Chinese market.”
At the four consecutive CIIEs, GM China's participating models are all high-end products that have not yet entered the Chinese market. At the third CIIE, GM's exhibiting models include its highest-end eighth-generation Chevrolet Corvette Stingray hardtop convertible, as well as four models including GMC Yukon Denali, Cadillac Escalade ESV, Chevrolet Tahoe Z71 and Suburban A full-size large SUV; at the 4th CIIE, in addition to the Chevrolet Corvette Stingray, the Chevrolet pickup model Silverado Trail Boss, and the GMC pure electric Hummer super pickup based on GM's global electric vehicle platform Ultium were pioneered version, it landed on Shanghai Beach for the first time.
Sales of SAIC-GM, GM's joint venture in China, have fallen for four consecutive years since 2018, data show. Among them, the sales volume in 2021 was 1,467,470 units, a year-on-year decrease of 9.26%; the cumulative sales volume in the first two months of this year was 186,013, a year-on-year decrease of 10.01%.
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