Articles Tagged with "SAIC Motor"
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
Chinese 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
Chinese largest automaker SAIC Motor intends to launch an all-new intelligent EV brand code-named “L”, which will operate businesses as an independent company, according to a local media outlet.
Oct. 14 , 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
With 457,558 new vehicles sold, SAIC Motor recorded a 4.04% year-on-year growth in July sales, 1.27 percentage points higher than the increase in June sales, according to the company’s sales report.
Aug. 7 , 2020