Shangchai Co., Ltd. announced today that the company will become a long-term core supplier of SAIC-GM-Wuling's diesel engine supplies. To this end, the company plans to invest in and construct a microchai machine manufacturing base with an annual output of over 400,000 units.
According to the "Strategic Cooperation Framework Agreement" signed between Shanghai Diesel Engine and Shanghai GM Wuling Co., Ltd., Shanghai Diesel Engine Co., Ltd., as the core supplier of the general Wuling diesel engine products, will provide good products in terms of product performance, quality and cost targets according to the latter's requirements. Service; In the future, we will build a small diesel engine production base with an annual production capacity of over 400,000 units in Liuzhou and Shanghai to provide GM Wuling with good supporting services.
With more than 60 years of history, Shanghai Diesel Engine Co., Ltd. has strong overall engine R&D capabilities. Currently, it has a complete product structure with six series and more than 500 variant products. It can provide engine support for construction machinery, trucks and buses, and is a domestic automobile. One of the most important power suppliers with the construction machinery industry. Since being acquired and holding 50.32% by SAIC, SAIC began to be included in SAIC's overall strategic layout. This led the company to focus on the construction machinery market, gradually turning to the automotive market and the construction machinery market to develop simultaneously. In the field of non-vehicle diesel engines, it has become an independent supplier of multi-field diesel engines.
GM Wuling is a large-scale Sino-foreign joint venture automobile company jointly established by SAIC Motor Corporation, General Motors (China) Corporation and Liuzhou Wuling Automobile Co., Ltd. It maintains absolute leadership in the field of micro-cars and small cars and is internationally competitive. Relevant statistics show that from January to October this year, GM Wuling actually sold more than 1.2 million vehicles, and is expected to have 1.4 million units in the whole year. It is currently the largest and fastest growing mini vehicle supplier in China.
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