Search Results for "SAIC Motor"

SAIC Motor gets double-digit drop in Q1-Q3 revenue, net profit
SAIC Motor gets double-digit drop in Q1-Q3 revenue, net profit

SAIC Motors posted double-digit decline in both revenue and net profit for the first nine months of 2019, according to a quarterly financial report the company released on October 30.

Oct. 31 , 2019
SAIC Motor likely to launch global first 5G-enabled vehicle in April, 2020
SAIC Motor likely to launch global first 5G-enabled vehicle in April, 2020

Chinese largest automaker SAIC Motor is said to launch its first 5G-powered model, which is also the unprecedented one to the world, in April, 2020, according to a local media outlet.

Oct. 29 , 2019
SAIC Motor’s sales still drop in Sept., but self-owned PV arm gains evident growth
SAIC Motor’s sales still drop in Sept., but self-owned PV arm gains evident growth

SAIC Motor posted the 13th-month-in-a-row year-on-year sales downturn as of September, 2019, according to the company’s latest sales report.

Oct. 12 , 2019
SAIC Motor’s July sales show smaller year-on-year drop
SAIC Motor’s July sales show smaller year-on-year drop

SAIC Motor reported July sales of 439,794 units, posting a decline of 9.29% over a year ago, versus the 15.97% year-on-year decrease in June sales.

Aug. 10 , 2019
SAIC Motor ready to issue RMB20 billion worth of bonds to raise capital for R&D innovation
SAIC Motor ready to issue RMB20 billion worth of bonds to raise capital for R&D innovation

SAIC Motor is ready to apply for public issuance of RMB20 billion worth of bonds by means of shelf offering and the plan has been approved by the company’s board of directors and supervisory board, the China’s biggest auto group announced on July 19.

Jul. 24 , 2019
SAIC Motor posts 16.62% year-on-year decline in H1 2019 sales
SAIC Motor posts 16.62% year-on-year decline in H1 2019 sales

SAIC Motor said on July 4 its vehicle sales for the first half of 2019 declined 16.62% year on year to 2,937,296 units.

Jul. 5 , 2019