Articles Tagged with "SAIC Motor"

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
SAIC Motor, GWM’s fuel cell tech developers forge partnership
SAIC Motor, GWM’s fuel cell tech developers forge partnership

SHPT and Weishi Energy Technology Co.,Ltd. (Weishi), the fuel cell-related product and technology developers under SAIC Motor and GWM, signed on November 11a frame agreement for the strategic cooperation on the R&D of parts related to fuel cells.

Nov. 12 , 2020
SAIC Motor, Alibaba to team up on new retail business
SAIC Motor, Alibaba to team up on new retail business

SAIC Motor and the e-commerce giant Alibaba Group entered into a cooperation agreement on November 8 to jointly boost the digital transition for automotive retail business, the automaker announced via its WeChat account.

Nov. 10 , 2020
SAIC Motor records fifth-consecutive-month YoY growth in Oct. 2020
SAIC Motor records fifth-consecutive-month YoY growth in Oct. 2020

SAIC Motor gained a 9.61% year-on-year growth in October with 596,719 new vehicles sold. Thanks to the fifth-consecutive-month increase, the decrease in year-to-date sales shrank to 15.09%.

Nov. 9 , 2020