SUV line to be un­veiled for joint ven­ture

China Daily (USA) - - BUSINESS -

SAIC General Mo­tors Co Ltd, a joint ven­ture be­tween China’s SAIC and General Mo­tors, plans to un­veil a new pro­duc­tion line for its fuel-ef­fi­cient SUVs in the first half of 2017, com­pany sources said on Sun­day. The fa­cil­ity, con­structed in China’s cen­tral in­dus­trial city of Wuhan, will be able to pro­duce 360,000 ve­hi­cles a year, bring­ing the com­bined ca­pac­ity to 600,000 for SGM’s Wuhan plant, one of the com­pany’s four ma­jor man­u­fac­tur­ing bases in China. SGM said it has in­vested 7.5 bil­lion yuan ($1.1 bil­lion) in the new pro­duc­tion line, which has been un­der con­struc­tion since Jan­uary 2015 and ded­i­cated to pro­duc­ing a new gen­er­a­tion of GM Chevro­let Equinox SUVs.

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