GM China president receives Magnolia Award from Shanghai Government

GM Executive Vice President and President of GM China President Matt Tsien (left) receives the Magnolia Award from Li Junming (right), Director of the Foreign Affairs Office of the Shanghai Municipal Government.

GM Executive Vice President and President of GM China President Matt Tsien (left) receives the Magnolia Award from Li Junming (right), Director of the Foreign Affairs Office of the Shanghai Municipal Government.

SHANGHAI –—- Matt Tsien, General Motors Executive Vice President and President of GM China, received the Magnolia Award from the Shanghai Municipal Government last week.

The Magnolia Award was created in 1989 to honour foreign experts, scholars and entrepreneurs who have done meritorious deeds or made outstanding contributions to the economic and social development of Shanghai.

Tsien has been the head of GM’s operations in its largest market since January 1, 2014. Based in Shanghai, he oversees the day-to-day operations of GM’s business across China, including its 10 joint ventures.

Tsien previously served as Vice President of Planning and Program Management for GM China and GM Consolidated International Operations, and Strategic Alliances for China. He earlier held the posts of GM China Chief Technology Officer and Director of Business Planning. He helped negotiate GM’s initial two joint ventures with SAIC – Shanghai GM and the Pan Asia Technical Automotive Centre (PATAC).

Tsien, who joined General Motors in 1976 as an electrical engineer in the U.S., also served as Executive Vice President of SAIC-GM-Wuling – GM China’s automotive joint venture with SAIC and Wuling Motors in Liuzhou, Guangxi.

“The Magnolia Award is an honour that I share with our entire GM China team,” said Tsien. “GM and our employees have made a long-term commitment to Shanghai and China. We will continue to make this city and this country a focus to support the growth of a sustainable automotive industry.”

Tsien is driving GM’s China expansion in key areas of its business, including products, facilities and people. Earlier this year, GM announced that its joint ventures would invest about $12 billion in China through 2017.

General Motors traces its roots back to 1908. GM has 10 joint ventures, two wholly owned foreign enterprises and more than 58,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2013, GM sold nearly 3.2 million vehicles in China.

[Source : GM]

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