Thursday, April 4, 2013

GM produced cars under five thousand dollars for South East Asia


GM sản xuất xe dưới 5 ngàn đô cho Đông Nam Á- With the help of partner SAIC from China, GM group will produce cheap cars for emerging markets such as Indonesia.]
 In recent times, many people are worried about the future of the coast salary between General Motors and SAIC company from China. To get rid of negative thoughts, said Bob Socia, GM's new director, said the two companies are closing the gap with each other by developing new products for the Southeast Asian market.
Mr Socia production technology cheap cars, about 30,000 yuan (approximately U.S. $ 4,800) of SAIC plays a very important role for the U.S. car group in the course of carrying on the emerging markets. That way they can meet the growing needs of the middle-class customers in markets such as China, India and Indonesia.
"The products we produced in a joint venture with SAIC is gaining popularity in the emerging markets," said Socia, GM director in India and Southeast Asia said in a recent interview in Shanghai.
Is the largest car manufacturer in China, SAIC became partners 50% of GM India in 2010. In October this year, SAIC pulled 9% stake in the joint venture with GM led many to believe the relationship between the two companies have a problem.
In the first half of fiscal 2012 starting in April this year, GM's sales in India declined by 21%. In addition, GM and SAIC are struggling to make cheap small product lines in China into hand drive car for India. Since then, the process of assembling the core product line of GM and SAIC stalled.
In an interview with the Reuters in Shanghai over the weekend, he Socia and other representatives of the GM refused to give reasons for the to SAIC decision. However, the Chinese car company will continue to help GM develop low-cost products for the Indian and other emerging markets.
Also, on Wednesday last week, SAIC also announced plans to start assembling cars in Thailand with local partners named CP Group. Unfortunately, GM does not participate in the new business of SAIC.

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