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In 2002, the joint venture SAIC-GM-Wuling was established, with SAIC holding 50.1% of the shares, General Motors 34%, and Wuling Group (later renamed Guangxi Auto) 15.9%. [5] Wuling transferred its microvan and small truck production to the joint venture. By 2011, GM increased its ownership stake to 44%, reducing Wuling's share to 5.9%. [6] [7] [8]
Wuling Motor Holdings., Ltd, (doing business as Wuling Motors; Chinese: 五菱汽车; pinyin: Wǔlíng Qìchē) is a Chinese manufacturer of automobiles, subsidiary of Guangxi Automotive Group. [2] The company produce engines, and special purpose vehicles, namely mini electric cars, people movers, trucks and buses, and auto parts. [ 3 ]
To adapt to market changes, Wuling Group collaborated with SAIC Motor Corporation and General Motors to establish the first three-way joint venture in China, the SAIC-GM-Wuling Automobile . SGMW was formally established on November 18, 2002. The shareholding ratio of the three parties is: SAIC 50.1%, GM 34%, and Wuling Group 15.9%.
PT SGMW Motor Indonesia is a subsidiary of SAIC-GM-Wuling.It is the first Chinese automotive company to build a manufacturing plant in Indonesia.. Unlike their operations in China, SGMW Indonesia only market vehicles in one marque, Wuling Motors, instead of both Wuling and Baojun.
SAIC-GM-Wuling Chongqing Branch: Chongqing: China: Wuling models Engines: 2014 SAIC-GM-Wuling Qingdao Branch: Qingdao, Shandong: China: Wuling models Engines: 2000 Operated by SAIC-GM-Wuling. Originally founded in 1997 as Etsong Vehicle Manufacturing. SAIC-GM-Wuling took over the plant in 2005. SGMW Motor Indonesia: Cikarang, Bekasi Regency ...
The Wuling Binguo (Chinese: 五菱缤果), commonly mentioned in English sources as the Wuling Bingo, is a battery electric subcompact car (A0-class in China) [2] manufactured by SAIC-GM-Wuling (SGMW) since 2023 under the Wuling brand. [3]