- SAIC Motor’s sales still drop in Sept., but self-owned PV arm gains evident growth
SAIC Motor posted the 13th-month-in-a-row year-on-year sales downturn as of September, 2019, according to the company’s latest sales report.
Oct. 12 , 2019
- SAIC Motor’s Ningde PV base begins production, really close to CATL
On September 28, Chinese largest automaker SAIC Group formally completed the construction of the Ningde base, its fourth manufacturing base for self-owned PVs following the facilities in Lingang of Sh...
Sept. 29 , 2019
- Shanghai to take lead in promoting ICV passenger-carrying pilot application
Shanghai released its first batch of license plates for intelligent-connected vehicle (ICV) pilot application to SAIC Motor, BMW and Didi at the 2019 World Autonomous Vehicle Ecosystem Conference (WAV...
Sept. 16 , 2019
- SAIC Motor’s sales decline for 12 straight months
Chinese biggest automaker SAIC Motor reported a 7.87% year-on-year decrease in August sales, a slower downturn than that of July, but still faced the 12th-month-in-a-row decline.
Sept. 10 , 2019
- SAIC Motor posts decline in both first-half revenue, net profit
China’s largest automaker SAIC Motor reported double-digit year-on-year decrease in both first-half revenue and net profit attributable to shareholders amongst a prolonged downturn in China’s auto...
Aug. 30 , 2019
- SAIC Motor’s July sales show smaller year-on-year drop
SAIC Motor reported July sales of 439,794 units, posting a decline of 9.29% over a year ago, versus the 15.97% year-on-year decrease in June sales.
Aug. 10 , 2019
- Chinese-spec Cadillac CT5 to be first seen at Chengdu Motor Show
SAIC General Motors (SAIC-GM) plans to offer the first glimpse of the locally-produced Cadillac CT5 at the Chengdu Motor Show 2019 which will kick off on September 5, the joint venture said via its We...
July 30 , 2019
- SAIC Motor ready to issue RMB20 billion worth of bonds to raise capital for R&D innovation
SAIC Motor is ready to apply for public issuance of RMB20 billion worth of bonds by means of shelf offering and the plan has been approved by the company’s board of directors and supervisory board, ...
July 24 , 2019
