Articles Tagged with "SAIC Motor"
SAIC Motor saw its August new vehicles sales climbed 3.57% year on year to 504,236 units, topping 500,000 units for the first time so far this year, according to the automaker’s sales report.
Sep. 7 , 2020
Chinese largest automaker SAIC Motor said it signed an agreement on September 1 with the Export-Import Bank of China for a credit line worth 50 billion yuan ($7.315 billion).
Sep. 2 , 2020
For the first half of 2020, SAIC Motor’s gross revenue fall 24.6% over a year ago to 283.74 billion yuan ($41,253,921,557), and its net profit attributable to shareholders tumbled 39.01% to 8.394 billion yuan ($1,220,469,194).
Aug. 28 , 2020
SAIC Motor sold 479,464 new vehicles in June, achieving a 2.77% year-on-year growth. This is also the first-time increase the Chinese biggest automaker gained in 2020.
Jul. 7 , 2020
SAIC Motor announced on July 2 that its wholly-owned subsidiary SAIC Motor HK Investment Limited (SAIC HK) plans to acquire not fewer than 613,377,424 shares in CAR Inc., a Hong Kong-listed mobility service provider.
Jul. 3 , 2020
SAIC Motor reported a wholesale volume of 473,064 vehicles in May, representing a slight year-on-year decrease of 1.63%. With 1,569,652 units sold in total, the Chinese automaker posted a 36.47% decline for the first five months.
Jun. 8 , 2020