GM's commercial vehicle production base settled in Qujing in ASEAN

FAW Group and General Motors will jointly establish the first commercial vehicle joint venture company in China and will set up one of the production bases in Qujing City, Yunnan Province. Local commercial vehicle sellers believe that Yunnan is a big consumer vehicle for commercial vehicles and a commercial vehicle production base in Yunnan. Products can be exported to the southwestern market, but they can also face the ASEAN market. Industry experts believe that this will promote the automotive industry in Yunnan Province. Industrial Development.

Segmented market for commercial vehicle companies

According to “Finance Network” report, FAW Group and General Motors will establish a joint venture company for commercial vehicles. The production bases will be located in Harbin, Heilongjiang Province and Qujing City, Yunnan Province. The production and listing ceremony will be held on August 30, and the joint venture will also become GM's first joint venture commercial vehicle company in China.

According to informed sources, the main part of the joint venture company is FAW Light Vehicle Co., Ltd. The headquarters of the joint venture company will be located in Changchun City, Jilin Province. Both production bases are production bases of FAW Light Automobile Co., Ltd. The above content has also been confirmed by the staff of the propaganda department of the FAW Hongta Yunnan Automobile Manufacturing Co., Ltd. According to the staff member, FAW Group and General Motors did establish a joint venture company for commercial vehicles. One of the production bases is now the FAW Hongta Yunnan Automobile Manufacturing Co., Ltd. After FAW has officially started production, FAW is one of the production bases. Whether or not Hongta Yunnan Automobile Manufacturing Co., Ltd. can meet future capacity requirements and whether it will expand new factories, the staff revealed that FAW Hongta Company will not expand new factories at this stage, but from the perspective of the company's long-term development and planning, It will be inevitable to expand the new plant in the future.

Settled in Yunnan intended ASEAN market

Mr. Wang, sales manager of Dongfeng Commercial Vehicles Co., Ltd. Kunming Tianchen Automobile Sales and Service Co., Ltd. believes that the establishment of a joint venture company for commercial vehicles between FAW Group and General Motors will set up one of the two production bases in Qujing as a “busy road”. First of all, one of the main parties of this joint venture is FAW Light Car Co., Ltd., and the company already has a ready-made factory in Qujing, which can save a lot of investment costs for the newly formed joint venture company. Secondly, Yunnan is located in the border area and its production base in Yunnan is also conducive to its expansion into the ASEAN market. Ms. Xu Feng of Kunming Jianghuai Business Co., Ltd. also believes that Yunnan is located in the mountainous area, the railway network is not well-developed, and the main transport means is automobiles. Because of this, Yunnan’s commercial vehicle consumption potential is particularly strong. In the front row, it set up a production base in Qujing. Apart from facing the Yunnan market, the products can also be sold to three provinces in the southwest and neighboring countries.

Good place

Promote local auto industry

"It will promote the development of the automotive industry in Yunnan Province." According to an analysis by Deputy Secretary-General of the Yunnan Automobile Association, and Yinchuan, the chief economist of the Expo Auto City, the basic conditions of Yunnan's own manufacturing industry are not bad, but they have always been restricted by traffic. Did not get better development. The commercial vehicle joint venture between FAW Group and General Motors will set up a production base in Qujing, Yunnan Province. Overall, it will promote the development of the Yunnan automobile industry. But whether it can rely on the advantages of the nearest production base to obtain the Southwest and Southeast Asian markets, and ultimately depends on the positioning of its products and the company's target market.

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