The Chinese microvan joint venture of General Motors will commence production at two facilities in Egypt and India with the use of kits imported from China. Specifically, SAIC-GM-Wuling Automobile Co. will begin building the C300 microvan in Egypt in July with the knockdown kits transported from the venture's Qingdao facility, according to the venture's executive vice president Karl Slym.
Moreover, the joint venture's facility in India will start producing the CN100 in August with the kits from its Liuzhou factory. In a presentation delivered in Beijing last week, Slym explained that the action will provide "huge growth" to their export volume.
In China, the CN100 is recognized as the Wuling Hongguang while the C300 is named the Wuling Rongguang. These microvans both seat five people, with C300 being larger than the CN100. SGMW is anticipating exporting at least 20,000 automobiles in 2012 with the two CKD facilities in operation. The estimate is an increase from the 14,000 vehicles that the automaker achieved in 2011, Slym said.
SGMW is based in Liuzhou, which is part of the Guangxi region of southwest China. SAIC Motor Corp. has a share of 50.1% on this venture, while GM has 44%.
The city of Liuzhou has the rest of the 5.9% share. Being the biggest microvan producer in China, SGMW achieved sales of 1.3 million units in 2011, obtaining a 45% share of the domestic microvan segment. The present major export markets of SGMW are Columbia, Egypt, Chile, Peru and Ecuador.