Advanced Search
Search
  
PR Newswire: news distribution, targeting and monitoring
  1. Products & Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire

Other News Releases in Automotive

Jimmie Johnson Makes History By Capturing Fourth Consecutive Sprint Cup Title

T-REX Takes Detour into World of Street Magic

Veridiam Wins Workplace Excellence Crystal Award in Mid-Size Company Category

Other News Releases in Joint Ventures

Verizon Wireless and The Mattie C. Stewart Foundation Partner to Increase Graduation Rate in St. Louis Schools

Underserved Communities to Benefit from $4 Million

Most Reliable Wireless Network Just Got Better for Customers in Monroe County, Michigan

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

 

GM, SAIC and OnStar Announce China Telematics JV

 

Will Provide In-Vehicle Safety, Security and Communication Services



    SHANGHAI, China, Nov. 29 /PRNewswire/ -- General Motors, Shanghai
 Automotive Industry Corporation Group (SAIC) and OnStar announced today the
 establishment of a telematics joint venture called Shanghai OnStar
 Telematics Company Limited. This is OnStar's first venture outside of North
 America in its 11-year history.
 
     The Shanghai-based joint venture will provide a range of OnStar's
 trademark in-vehicle safety, security and communication services similar to
 those currently available in the United States and Canada, including
 advanced automatic crash notification, roadside assistance, remote door
 unlock, hands- free calling, vehicle diagnostics and turn-by-turn
 navigation.
 
     Shanghai OnStar Telematics expects to begin rolling out its services in
 2009, initially for vehicles manufactured and distributed in China by
 Shanghai GM.
 
     "We are pleased to bring OnStar to Asia for the first time through
 Shanghai OnStar Telematics," said OnStar President Chet Huber. "China
 represents a huge opportunity to bring the safety, security, and societal
 benefits of OnStar to a whole new audience - Shanghai GM customers. This
 new venture builds upon our leading position in North America and the
 lessons from our more than 83 million customer interactions. In China, we
 will provide cutting-edge services specifically developed in accordance
 with the needs of Shanghai GM and its customers."
 
     OnStar, a subsidiary of General Motors, and Shanghai Automotive
 Industry Sales Co. Ltd. (SAISC), a subsidiary of SAIC, each own 40 percent
 of Shanghai OnStar Telematics. Shanghai GM, a 50-50 joint venture of GM and
 SAIC, owns the remaining 20 percent. The partners signed an official joint
 venture agreement during the Shanghai visit of GM Chairman and CEO Rick
 Wagoner on Oct. 27.
 
     "Over the past decade, GM and SAIC have established eight joint
 ventures that are engaged in vehicle and powertrain manufacturing, sales
 and service, automotive engineering and design, automotive financing, and
 now telematics," said GM China Group President and Managing Director Kevin
 Wale. "The launch of our new joint venture represents a significant
 technological step forward in our partnership."
 
     "Like our other joint ventures, Shanghai OnStar Telematics will
 contribute to the ongoing development of China's automotive industry," said
 SAIC Vice Chairman Chen Hong. "Our goal is to work with our partners to
 make our newest joint venture the preeminent provider throughout China of
 world-class, innovative telematics services."
 
     About General Motors
 
     General Motors Corp. ( GM), the world's largest automaker, has
 been the annual global industry sales leader for 76 years. Founded in 1908,
 GM today employs about 280,000 people around the world. With global
 headquarters in Detroit, GM manufactures its cars and trucks in 35
 countries. In 2006, nearly 9.1 million GM cars and trucks were sold
 globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM
 Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall. GM's
 OnStar subsidiary is the industry leader in vehicle safety, security and
 information services. More information on GM can be found at www.gm.com.
 
     About OnStar by GM
 
     OnStar, a wholly-owned subsidiary of General Motors, is the leading
 provider of in-vehicle safety, security and communication services. OnStar
 is available on more than 50 MY 2008 GM models and includes one year of
 service. OnStar provides services to more than 5 million subscribers in the
 U.S. and Canada. More information about OnStar can be found at
 www.onstar.com.
 
 
 

SOURCE General Motors Corporation