General Motors Chairman and CEO Dan Ackerson accepted an interview with this reporter at the Detroit Auto Show recently. He acknowledged that the "double reverse" policy recently launched by China did affect some of GM's products in China. He said that General Motors will consider various factors to decide whether to further increase the proportion of Cadillac models made in China. In addition, he also said that in the future, General Motors will continue to lead in technology and products in order to maintain its leading position in the automotive industry.

I believe that small SUVs have good results in China Reporter: As we had previously expected, in 2011, GM relied on the good performance of China and the US home market to regain its position as the world’s number one seller. How will GM maintain its leading position in the automotive industry in the future?

Exxon: Indeed, Toyota and Volkswagen are very capable competitors. In our industry, we often say that "all competition starts from good products." For example, we introduced the Cadillac ATS, which is a compact car. Its direct competitor is the BMW 3 Series. At the previous Los Angeles Auto Show we also launched the XTS, which is a little larger than the size of the Saiwei produced in China. . So, from Cadillac, we already have a very good product line, and we also have SRX. The whole situation is very good. In terms of Buick, Buick sales in China have surpassed that of the United States last year, so it is a good trend. After that, we will also launch Encore, a small SUV. We believe that this small SUV can make very good sales performance in the U.S. market and China market. Judging from the Chevrolet brand, we have Sonic, Cruze, and Malibu, and Cruze's sales so far have exceeded 1 million vehicles worldwide. As a GM, we will continue to lead in technology and products to enhance our competitiveness. Here, we want to emphasize that we must not only be big in the market, but must be ranked first, and we must emphasize more on good products.

Designing Your Own Product for China Reporter: The Chinese market has experienced negative growth in certain months of 2011. Will you be more worried about this situation?

Exxon: Indeed, in this position, I need to have some concerns about sales in all markets. China is a huge market like the United States. I will be concerned about such important markets as Brazil, the United States, and China. However, I need to emphasize that we have always insisted on the strategy that we sell in China, we design our own products for China, and then we will produce our own products in China. There will always be good and bad markets. Last year, the Chinese government proposed some measures that I think are sensible to control inflation. These measures may affect our sales in the short term, but it is a good thing for the overall situation, so I think we are supportive. The most important thing is that in any market, the product is still very important thing. We will do all our efforts to improve product quality, design, and technology to create the best product that best suits Chinese consumers.

Reporter: The Chinese Ministry of Commerce had a policy of "double opposition" for some time. This will have a great influence on the development of Cadillac in China. In this case, did Cadillac have further domestic plans?

Exxon: In this time Cadillac raised the tariff policy put forward by the Ministry of Commerce of China, some products were actually affected, and some other products exported from the United States were affected. This is indeed the reason why we consider whether to increase domestic production in China. One of the factors. However, this is only one of the factors. We will also consider many other factors. Indeed, in China, our Chevrolet and Buick brands have already achieved a very good market-leading position. We hope that Cadillac will achieve the same success in the future.