SAIC-GM and SAIC Motor Swap CEOs: Xu Ping Takes Helm at SAIC-GM, Lu Xiao Appointed Head of SAIC Motor

SAIC General Motors announced that Xu Ping, former General Manager of Huayu Automotive Systems Co., Ltd., has succeeded Lu Xiao as General Manager of SAIC General Motors. On the same day, SAIC Motor Passenger Vehicle Company announced that Lu Xiao, former General Manager of SAIC General Motors, has taken over from Wang Jun as General Manager of SAIC Motor Passenger Vehicle Company. Lu Xiao joined Pan Asia Technical Automotive Center (PATAC) in 1997 and held successive positions including Chief Engineer of Mid-size Vehicle Platform, Executive Director of Project Management, Deputy General Manager, and Executive Deputy General Manager of PATAC. He led the development of models such as the Buick Regal, LaCrosse, and Chevrolet Malibu, and became the first Chinese national to serve as Chief Engineer for a global GM vehicle platform. In 2024, he assumed the role of General Manager of SAIC General Motors. Xu Ping has worked extensively at SAIC General Motors and PATAC since 1998, holding roles including Deputy Director of Powertrain at PATAC, Executive Director of Project Management, Executive Deputy General Manager, and Executive Director of Planning and Development at SAIC General Motors. He also served as Executive Deputy Director of SAIC Motor Technical Center, Deputy General Manager of SAIC Motor Passenger Vehicle Branch, and General Manager of SAIC UK Holdings Limited. Prior to his new appointment, he was Director and General Manager of Huayu Automotive Systems. Huayu Automotive Systems, a subsidiary controlled by SAIC Motor Corporation, is an integrated automotive components supplier. According to consolidated financial statements, the company reported revenue of RMB 183.999 billion in 2025, an increase of 8.49% year-over-year; net profit attributable to shareholders of the listed company reached RMB 7.207 billion, up 7.51% year-over-year; and net profit excluding non-recurring gains and losses amounted to RMB 6.387 billion, rising 10.67% year-over-year. In 2025, SAIC General Motors achieved total retail sales of 562,185 units (including exports), marking its fifth consecutive profitable quarter. Among these, sales of new energy vehicles (NEVs) reached 88,833 units, ranking first among joint-venture brands in both NEV sales volume and market penetration rate.