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Volkswagen followed the next year with its joint venture in Shanghai, and General Motors established Shanghai GM in 1997.
FORBES: Winners And Losers In China's Car Market
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Shanghai GM, as the joint venture has come to be known, has since gone on to become one of the leading passenger car companies in China.
FORBES: Ford Affiliate To Buy China Truck Maker
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At the new technical center near Shanghai, GM and its Chinese partners are jointly developing new cars based on GM components, including such high-tech elements as electric-car batteries, dual-clutch transmissions and lightweight materials.
WSJ: Edward Niedermeyer: Welcome to General Tso's Motors
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According to statements to the press made by company officials at the Shanghai Auto Show, GM is targeting 100, 000-plus exports of Chinese-made cars this year, a record, with export growth likely to be more than 50%.
WSJ: Edward Niedermeyer: Welcome to General Tso's Motors
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The first big one was between GM and SAIC, set up when GM won the bid for a JV in Shanghai in 1995.
FORBES: Japan's Automakers Face New Challenges (1): Toyota in China
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One of GM's co-investors in Daewoo is Shanghai Automotive Industry Corp.
FORBES: Stolen Cars
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On Apr. 20 General Motors (nyse: GM - news - people )' Rick Wagoner unveiled a new Buick model at the Shanghai Auto Show, at an event Carlson ran.
FORBES: Grabbing The Torch
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At the time, Ford had just been bested by General Motors Company (NYSE:GM), its North American rival, in a hotly contested competition to form a joint venture with Shanghai Automobile Industry Corporation to produce passenger cars in China.
FORBES: Ford Affiliate To Buy China Truck Maker