Articles Tagged with "SAIC Motor"

SAIC Motor’s sales in June dip 31.46% year on year
SAIC Motor’s sales in June dip 31.46% year on year

SAIC Motor’s new vehicle sales in June tumbled 31.46% from a year ago to 328,621 units, while its cumulative sales for the first half of this year still jumped 12.11%, the company announced on July 9.

Jul. 9 , 2021
SAIC Motor’s chairman says SAIC unwilling to cooperate with Huawei for autonomous driving
SAIC Motor’s chairman says SAIC unwilling to cooperate with Huawei for autonomous driving

SAIC Motor is reluctant to cooperate with third-party companies like Huawei on autonomous driving business, Chen Hong, chairman of SAIC Motor, said at the latest annual shareholder meeting in response to a question raised by an investor.

Jul. 2 , 2021
SAIC Motor’s chairman says auto chip shortage likely to ease in late July
SAIC Motor’s chairman says auto chip shortage likely to ease in late July

The industry-wide chip shortage is likely to be alleviated in late July and the chip supply will basically get back to normal in the third or fourth quarter of this year, SAIC Motor’s Chairman Chen Hong said on June 30.

Jun. 30 , 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 achieves leap in Q1 2021 revenue, net profit thanks to sales growth
SAIC Motor achieves leap in Q1 2021 revenue, net profit thanks to sales growth

SAIC Motor, the Chinese biggest automobile group, reported a gross revenue of 189.095 billion yuan ($29.22 billion) for the first quarter of 2021, a year-on-year jump of 82.13%.

Apr. 30 , 2021