"General Motors has withdrawn its business from Taiwan...."

WantChinaTimes

• Staff Reporter
• 2012-01-31
• 14:44 (GMT+8)

General Motors has withdrawn its business from Taiwan by ending its relationship with Taiwan's Yulon Motors while Scandinavia-Asia Corp, Saab's local dealership in Taiwan, is interested in taking over the future sales of Opel, one of GM's subsidiaries, our sister Chinese-language newspaper Commercial Times reported on Jan. 30.
GM's partnership with Yulon was established in 2005, when Cadillac, Buick and Opel were introduced to Taiwanese market. Among them, Buick's Excelle and LaCrosse were made locally at Yulon's production line.
Due to a shrinking market for American vehicles in Taiwan, GM decided to sell its 49% stake in the company to Yulon for US$1 in 2008 and close its business in Taiwan. Yulon has cleaned up its stock by the end of 2011 but said that services for these remaining GM vehicle owners will remain.
In the meantime, Scandinavia-Asia said that the company is very interested in becoming Opel's dealership in Taiwan when Yulon decides to bow out.
"Saab is actually a subsidiary company under the GM group too, while many Opel parts are also used in Saab's vehicles. There is no problem for us to continue services for remaining Opel owners," a senior manager from Scandinavia-Asia said.
The manager said that Opel has been talking about this potential dealership with Scandinavia-Asia since last year.

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