On Oct. 30, 1995, General Motors Corporation and Shanghai Automotive Industry Corporation (SAIC) signed the base agreement for a proposed vehicle joint venture, joint venture technical development center and other relevant projects in Shanghai. The joint ven On Oct. 30, 1995, General Motors Corporation and Shanghai Automotive Industry Corporation (SAIC) signed the base agreement for a proposed vehicle joint venture, joint venture technical development center and other relevant projects in Shanghai. The joint venues