Articles Tagged with "SAIC Motor"

SAIC Motor to acquire 28.92% stake in CAR Inc. for mobility service development
SAIC Motor to acquire 28.92% stake in CAR Inc. for mobility service development

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 says May sales only drop 1.63% YoY
SAIC Motor says May sales only drop 1.63% YoY

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
SAIC Motor’s chairman proposes speeding up ICV development, relaxing traffic restriction
SAIC Motor’s chairman proposes speeding up ICV development, relaxing traffic restriction

During this year’s two sessions, Chen Hong, chairman of SAIC Motor Corporation Limited and a deputy to the 13th National People's Congress, proposed supporting the eligible regions in speeding up the development of ICVs.

May 21 , 2020
SAIC Motor’s Q1 sales tumble 55.71% from the previous year
SAIC Motor’s Q1 sales tumble 55.71% from the previous year

SAIC Motor saw its first-quarter (Q1) sales slump 55.71% from a year ago to 679,028 units with most of its subsidiaries hit by the coronavirus-caused downturn as well.

Apr. 14 , 2020
SAIC Motor’s auto sales tumble in Jan., but indigenous brands stil defy gravity
SAIC Motor’s auto sales tumble in Jan., but indigenous brands stil defy gravity

SAIC Motor saw its sales in January tumbled 34.55% over a year ago, versus the estimated 18% drop in the industry’s total reported by the China Association of Automobile Manufacturers (CAAM).

Feb. 18 , 2020
Top stories of SAIC Motor in 2019
Top stories of SAIC Motor in 2019

Gasgoo hereby summarized the major events that to some degree delineate the development track of SAIC Motor’s 2019.

Jan. 28 , 2020