Articles Tagged with "SAIC Motor"

SAIC Motor sees May 2021 sales slide 14.02% from a year ago
SAIC Motor sees May 2021 sales slide 14.02% from a year ago

SAIC Motor said its complete vehicle sales reached 406,735 units in May 2021, dropping 14.02% compared to the same period in 2020.

Jun. 4 , 2021
SAIC Motor’s R Auto about to tap into European market
SAIC Motor’s R Auto about to tap into European market

R Auto, a premium new energy vehicle (NEV) brand of SAIC Motor Passenger Vehicle Co.,Ltd. (SAIC Motor PV), is about to tap into European markets, including Germany, France, the Netherlands, and Norway, according to a local media outlet.

May 24 , 2021
SAIC Motor sees Jan.-Apr. 2021 sales zoom up 42.44% YoY
SAIC Motor sees Jan.-Apr. 2021 sales zoom up 42.44% YoY

In the Jan.-Apr. period of the year, SAIC Motor sold 1,561,929 vehicles in total, recording a year-on-year surge of 42.44%.

May 11 , 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 sees Feb. sales skyrocket 420.38% YoY
SAIC Motor sees Feb. sales skyrocket 420.38% YoY

SAIC Motor boasted a marvelous hike of 420.38% year on year in Feb. by selling 246,476 units. The remarkable growth was mainly credited to the low year-ago base caused by the coronavirus pandemic.

Mar. 8 , 2021