Search Results for "SAIC Motor"

SAIC Motor achieves slight growth in April retail sales
SAIC Motor achieves slight growth in April retail sales

Benefitting from the resilient demand, SAIC Motor, China’s largest automaker saw its auto wholesale volume surge to 417,560 units in April from 231,455 units in March.

May 8 , 2020
SAIC Motor reports first-quarter net profit decline of 86.42%
SAIC Motor reports first-quarter net profit decline of 86.42%

China’s largest automaker, SAIC Motor, announced net profit slump for the first quarter of 2020, according to a report released on April 30.

Apr. 30 , 2020
SAIC Motor 2019 net profit down by 28.9% YoY
SAIC Motor 2019 net profit down by 28.9% YoY

SAIC Motor announced its annual net profit attributable to shareholders slumped 28.9% year on year to RMB25.603 billion, showing the first-time downturn since the group went public in 2011.

Apr. 14 , 2020
SAIC Motor’s 2019 net profit forecasted to tumble 28.9% YoY
SAIC Motor’s 2019 net profit forecasted to tumble 28.9% YoY

SAIC Motor’s 2019 net profit attributable to shareholders of the public company is projected to reach roughly RMB25.6 billion, tumbling 28.9% compared with 2018, the automaker announced on January 13.

Jan. 14 , 2020
SAIC Motor gains YoY sales growth after 15-straight-month downturn
SAIC Motor gains YoY sales growth after 15-straight-month downturn

SAIC Motor announced its annual sales in 2019 shrank 11.54% from a year ago to 6,237,950 units. However, after suffering 15-straight-month year-on-year downturn, the Chinese biggest automaker finally posted growth in December.

Jan. 8 , 2020
Chinese auto giants SAIC Motor, GAC Group become strategic partners
Chinese auto giants SAIC Motor, GAC Group become strategic partners

On December 23, SAIC Motor joined hands with GAC Group for a wide range of strategic cooperation.

Dec. 23 , 2019