General Motors Tops List of Companies Contributing to China
01/21/2008, Shanghai, China – General Motors finished first on the 2007 World Top 500 Company’s Contribution in China List, which was announced in Beijing on January 19. GM was cited for the success of its local operations, social contributions, social responsibility and brand image.
GM China Group President and Managing Director Kevin Wale said, “As a leading investor in China and a global industry leader, GM has made corporate social responsibility and being a good corporate citizen a priority. This is part of our long-term commitment to China.”
Honorees were chosen by Southern Weekend, the All-China Federation of Trade Unions and Nankai University’s International Company Research Center. In line with the theme of “Global Vision, Local Action,” companies were evaluated with a special focus on their social contributions and corporate social responsibility.
General Motors actively promotes sustainable development through its products and facilities as well as its eight joint ventures in China. In addition, it shares its solutions for a safer, cleaner, more efficient and healthier environment with its business, government and academic partners. Last year, GM announced a pair of major new initiatives to help address energy security and the environmental challenge in China.
GM also contributes to the natural environment through a series of collaborations with non-governmental organizations such as The Nature Conservancy in Yunnan province and Shanghai, and supports key health initiatives in China through educational programs such as the sponsorship of the Chinese version of “A Closer Walk,” a documentary created to draw attention to AIDS.
According to Wale, “By bringing in our latest technology and growing our local base of talent, by supporting the local community in every aspect of our business, and by integrating our local operations into our global operations, GM has shown that global companies can prosper together with China and its people.”
Last year, GM became the first global automaker to sell 1 million vehicles in China in a single year. With total sales of 1,031,974 vehicles, it ended 2007 as the leader among global automakers in China for the third consecutive year. In addition, GM’s Shanghai GM joint venture was once again China’s leader in passenger car sales among joint ventures, a distinction it has held since 2005, and its SAIC-GM-Wuling joint venture ended the year as China’s leader in mini-vehicle sales for the second straight year.
General Motors Corp. (NYSE: GM), the world’s largest automaker, has been the annual global industry sales leader for 76 years. Founded in 1908, GM today employs about 280,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2006, nearly 9.1 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at www.gm.com.
Source: General Motors China
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