Shanghai GM, a joint venture between US automaker General Motors Corp and China's SAIC Group, said on June 6 it began building a 7 billion yuan manufacturing facility in Wuhan, Hubei province.
The facility, the company's first project in the city, will have an annual production capacity of 300,000 vehicles. Shanghai GM Wuhan will produce small and medium-size passenger cars, sports-utility vehicles and new energy vehicles. Production is expected to begin in 2014.
Shanghai GM Wuhan will be Shanghai GM's fourth manufacturing base, joining its original Jinqiao facility in Shanghai, Shanghai GM Dong Yue Motors and Shanghai GM Dong Yue Automotive Powertrain in Yantai, Shandong province, as well as Shanghai GM (Shenyang) Norsom Motors in Shenyang, Liaoning province.
In 2011, Shanghai GM sold a record 1.2 million vehicles in China.