GM to Start Selling China-Produced Buicks in U.S. From Next YearBloomberg News
U.S.-bound Buick SUV made in Yantai in eastern China
GM will offer 2.0-liter turbocharged version in the U.S.
General Motors Co. will start selling the Buick Envision sport utility vehicle in the U.S. next year, the first time it will offer a China-produced model in its home market.
Sales of the SUV, which is made only in China, will begin in the U.S. from summer, according to GM’s Shanghai-based spokeswoman Irene Shen. The model is built at its joint venture plant with SAIC Motor Corp. in Yantai.
GM said it wasn’t economically feasible to produce the Envision in a second location as it expects China to be the largest market for the model, accounting for more than 75 percent of sales. The Detroit-based company will offer a 2.0-liter version of the SUV in the U.S.
In July, GM said it will invest $5 billion to expand its Chevrolet lineup to gain market share and boost profits in emerging markets. The project involves developing cars with Chinese partner SAIC and replacing many of GM’s existing subcompacts and compacts that are sold in emerging market starting in 2019.
— With assistance by Alexandra Ho