Xin Hua Cai Jing·2025-11-20 11:02Core Viewpoint - General Motors (GM) has requested its suppliers to eliminate Chinese components from their supply chains, a decision driven by supply chain disruptions rather than a direct attack on China or specific regions [1] Group 1: Supply Chain Strategy - GM's decision to move away from reliance on the lowest-cost countries is a response to supply chain disruption risks, as stated by the Vice President of Global Purchasing and Supply Chain [1] - The company is focusing on local procurement and production, emphasizing the importance of local market needs in product development [5][6] Group 2: Collaboration with SAIC - GM is in preliminary discussions with SAIC Motor Corporation regarding the renewal of their long-term joint venture agreement, with increasing Chinese influence in product development and supply chain management [6] - The local production system has been enhanced, with over 99% of parts sourced domestically, showcasing a strong collaboration with local suppliers [6] Group 3: Market Performance - SAIC-GM has achieved over 450,000 vehicle sales from January to October this year, with 67,894 of those being new energy vehicles, leading among joint venture brands in this category [5] - The company has successfully turned around its profitability for four consecutive quarters, demonstrating resilience amid industry changes and competition [5]