GM casts its global lot with Shanghai Automotive
Thursday, April 26, 2012 at 12:03AM 
Favorite subject of mine, that I highlight in the current brief: the creation of what fmr IMB CEO Sam Palmisano calls "globally integrated enterprises."
GM links itself up with Shanghai Automotive Industry Corp to create a GIE that looks to take on Honda, Tata, VW, etc on a global basis while cementing GM's participation in China's booming domestic car market.
GM's tie-up with SAIC is considered one of the region's most successful. GM and its partners in China have a 14% share of the auto market, the world's largest. The company's sales volumes have grown 41% since 2009.
GM chief exec: "SAIC is the principal relationship that we have around the globe now [italics mine] and we expect that to be the case in the future."
GM and SAIC are now jointly eyeing exports to LATAM and eventual production there.
Amazing stuff, as GM impresses with its bold global vision and execution.
China, LATAM, US, auto industry | in Citation Post | Email Article | Permalink | Print Article 
Reader Comments (3)
I predict much confusion in the Press, when you read about "GM & SAIC" after reading about "Ford and Microsoft". Too many people will start by thinking "SAIC - Science Applications International Corp, the defense/systems engineering company," as I admit I did when I first glanced at the article.
Use to think same until I realized most people never heard of US version of SAIC - only tiny gov crowd.
I bet many more people in the US associate SAIC with the defense contractor than auto manufacturer. I'm sure it's the other way around in China :-) It might be interesting to determine relative name penetration of the two companies in the rest of the world.