General Motors and its affiliate SAIC have pulled the wraps off their newest model. The 630 sedan will go on sale, early next year, as part of the two partners’ new venture, the Baojun brand.
At $7,000, the 630 model is being aimed at the next wave of new Chinese car buyers. Until now, the country’s impressive automotive revolution has been largely concentrated in Pacific Rim cities like Shanghai and Beijing. But the central government is hoping to spread its economic miracle inland and automakers like GM and SAIC are only too happy to oblige.
Under Chinese law, foreign makers must find domestic partners. The two allies are already active in a variety of joint ventures, including GM’s first Chinese factory, in Shanghai, which produces a variety of Buick models. SAIC also shares ownership of the Wuling brand, which produces a variety of low-cost microvans. Wuling, in turn, holds a stake in Baojun.