- GM and SAIC extended their 50-50 joint venture through 2047.
- SAIC-GM will produce at least 30 new-energy models by 2030, using Chinese-developed platforms and software.
- China will be GM’s engineering and export hub for shipping Buick and Cadillac models.
GM is not walking away from China—it is doubling down. General Motors just locked in a 20-year renewal of its 50-50 SAIC-GM joint venture to 2047, even as Chinese brands eat into its sales and Western rivals quietly scale back. The refreshed tie-up will lean hard on Buick and Cadillac, with Chevrolet pulled from China showrooms after a broader restructuring of GM’s local operations.
The renewed deal turns China from “big...
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