Chevrolet Sail
Shanghai GM introduced the new Chevrolet Sail sedan, the first passenger car created in China by a Sino-foreign joint venture. The new small car was developed by Shanghai GM and the Pan Asia Technical Automotive Center (PATAC), both GM-SAIC joint ventures. In addition to being sold in China, the Chevrolet Sail will also be exported to other emerging markets.
Shanghai GM offers five variants of the Chevrolet Sail with the base model priced around RMB 60,000 (US$8,800). This marks a breakthrough in the under-RMB 70,000 (US$10,300) small car segment, where Chinese brands have traditionally been dominant.
"Our mission has always been to enable more individuals and families to realize their dream of owning a car," said Kevin Wale, President and Managing Director of the GM China Group. "With the Chevrolet Sail, we are setting a new standard for the lower-end small car segment while fully living up to the global standards of Chevrolet, one of the world's leading vehicle brands. The fact that the Chevrolet Sail will be exported is a testament to the capabilities of our product development organization in China."
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