Articles Tagged with "SAIC Motor"
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 , 2021SAIC 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 , 2021Zhiji Motor Technology Co.,Ltd., a joint venture among SAIC Motor, Shanghai Zhangjiang Hi-Tech Development Co.,Ltd. (Zhangjiang Hi-Tech) and Alibaba Group, was formally registered on Dec. 25 in Pudong New Area in Shanghai, according to SAIC Motor.
Dec. 26 , 2020SAIC 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 , 2020SAIC 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 , 2020Chinese largest auto marker SAIC Motor announced on October 20 it is ambitious to make the annual sales volume of its self-owned brands exceed 100,000 vehicles in 2025 in Europe, where a number of global auto giants make significant deployment.
Oct. 21 , 2020










