June 24, 2004

GM relocates Asia Pacific headquarters from Singapore to Shanghai, China

Shanghai, China – General Motors and Shanghai Automotive Industry Corp. Group today announced plans to invest about U.S.$250 million to upgrade their Shanghai-based Pan Asia Technical Automotive Center (PATAC) joint venture. The new investment will be used to build several world-class facilities, including the largest professional proving ground in China.

“GM has a longstanding policy of designing, engineering and manufacturing vehicles in the markets in which they are sold,” GM Chairman and CEO Rick Wagoner said. “PATAC has played a critical role in GM’s expansion in China by enabling GM China and our joint ventures to leverage the global resources of the entire GM Group and tailor them to the specific needs of our local customers.

PATAC’s proving ground will cover an area of more than seven square kilometers. The facility will be the most comprehensive of its kind in the country, with straightaways, a ride and handling track, a dynamics pad, low-coefficient straightaways, a high-speed bowl and a durability road system. Among similar GM facilities, only the Milford Proving Ground in Michigan will be equal in functionality. Additional facilities, including a safety-impact testing lab, are expected to be added later.

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