SHANGHAI — General Motors and Chinese partner SAIC announced Wednesday plans for joint development of fuel-efficient small engines and transmissions, focusing squarely on the fastest- growing part of China’s huge auto market.
The companies, which run several joint ventures including their flagship Shanghai GM, will develop a 1-liter to 1.5-liter direct-injection, turbocharged gasoline engine to be used by both sides in China and in globally sold vehicles, they said.
The work will be done in Detroit and at Shanghai’s Pan Asia Technical Automotive Center, the companies’ joint-venture engineering and design center.
The GM-SAIC engine project fits in with the companies’ plans to expand sales in other developing markets, especially India. The companies did not provide any financial figures for the new project.
The Associated Press
