General Motors has renewed its 50‑50 joint venture with SAIC Motor for 20 years, extending the partnership that began in 1997. The venture, which has produced more than 20 million vehicles, will increase vehicle development in China to align with local preferences and support export plans. GM will focus on its Cadillac and Buick brands in China and discontinue Chevrolet sales there, although Chevrolet will continue to be built for export through a separate joint venture with SAIC and Wuling. The agreement allows the joint venture to use China as an export hub for Buicks and Cadillacs to the Middle East, Africa, South America, Mexico and other Asian markets. The venture plans to launch at least 30 electric or hybrid models by 2030, including the Buick Electra sub‑brand, which recorded more than 10,000 sales of the Electra E7 SUV in its first month. GM recorded about $5 billion in non‑cash charges during its 2024 restructuring and returned to profitability, reporting $83 million profit in the second quarter. The company will not export joint‑venture vehicles to the United States because of tariffs and national‑security policies. The partnership aims to sustain GM’s presence in the world’s largest auto market as domestic competitors expand electric offerings.