Articles Tagged with "SAIC Motor"

SAIC Motor, Tencent jointly set up cybersecurity lab
SAIC Motor, Tencent jointly set up cybersecurity lab

On April 8, SAIC and Tencent officially launched a cybersecurity lab through which they will carry out collaboration on such fields as ICV-related cybersecurity standards, attack & defense technologies as well as cybersecurity R&D and operation.

Apr. 8 , 2021
SAIC Motor posts 20.2% YoY drop in 2020 net profit
SAIC Motor posts 20.2% YoY drop in 2020 net profit

SAIC Motor announced on Thursday its revenue in 2020 dropped 12.52% year on year to roughly 723.043 billion yuan ($110.56 billion), while the full-year net profit attributable to shareholders fell 20.2% to 20.431 billion yuan ($3.124 billion).

Mar. 25 , 2021
SAIC Motor’s R brand rolls out new tech brand ‘R-TECH’
SAIC Motor’s R brand rolls out new tech brand ‘R-TECH’

SAIC Motor launched on March 18 the all-new technology brand “R-TECH” to serve the vehicles under the R brand, the group’s high-end all-electric passenger vehicle marque.

Mar. 19 , 2021
SAIC Motor aims to sell 10 million vehicles per year for 2021-2025 period
SAIC Motor aims to sell 10 million vehicles per year for 2021-2025 period

SAIC Motor is ambitious to sell roughly 10 million new vehicles per year during the 14th five-year plan period (2021—2025), said the automaker.

Jan. 29 , 2021
SAIC Motor’s 2020 net profit likely to dip 21.89% YoY
SAIC Motor’s 2020 net profit likely to dip 21.89% YoY

SAIC Motor said its annual net profit attributable to shareholders in 2020 is anticipated to slump 21.89% year on year to roughly 20 billion yuan ($3.085 billion).

Jan. 11 , 2021
SAIC Motor’s auto sales drop 10.22% in 2020
SAIC Motor’s auto sales drop 10.22% in 2020

SAIC Motor announced its full-year sales dipped 10.22% from a year ago to 5,600,482 units last year. Despite the decrease, the company was honored the No.1 Chinese automaker by annual sales for the fifth year in a row.

Jan. 7 , 2021