China's SAIC Motor signs joint venture renewal agreement with GM

NAMPA / Xinhua

2026-08-05

SHANGHAI, Aug. 5 (Xinhua) -- Chinese automaker SAIC Motor and General Motors (GM) on Wednesday announced a 20-year extension of their joint venture partnership to 2047. Both sides agreed that the renewal of the partnership is based on the foundation of nearly 30 years of successful collaboration, and both companies have cast a vote of confidence in the long-term value of the Chinese automotive market against the background of profound changes......

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