Articles Tagged with "SAIC Motor"

SAIC Motor, China Post to team up on vehicle procurement, auto finance, express & logistics
SAIC Motor, China Post to team up on vehicle procurement, auto finance, express & logistics

SAIC Motor on December 9 inked a framework agreement with China Post Group to carry out strategic collaboration on complete vehicle procurement, fleet operation, finance, express & logistics and market expansion.

Dec. 11 , 2019
SAIC Motor ambitious to break threshold of 1-million-unit overseas sales by 2025
SAIC Motor ambitious to break threshold of 1-million-unit overseas sales by 2025

China’s largest automaker SAIC Motor expects its overseas auto sales to reach 1 million units by 2025, according to a senior executive of the company, as more automakers are seeking growth in global businesses amid the slowdown in domestic market.

Nov. 15 , 2019
SAIC Motor reports sliding sales for first ten months
SAIC Motor reports sliding sales for first ten months

SAIC Motor has been suffering year-on-year sales drop for 14 consecutive months as of October, 2019.

Nov. 11 , 2019
SAIC Motor’s Ningde PV base begins production, really close to CATL
SAIC Motor’s Ningde PV base begins production, really close to CATL

On September 28, Chinese largest automaker SAIC Group formally completed the construction of the Ningde base, its fourth manufacturing base for self-owned PVs following the facilities in Lingang of Shanghai, Pukou of Nanjing and Zhengzhou.

Sep. 29 , 2019
SAIC Motor’s sales decline for 12 straight months
SAIC Motor’s sales decline for 12 straight months

Chinese biggest automaker SAIC Motor reported a 7.87% year-on-year decrease in August sales, a slower downturn than that of July, but still faced the 12th-month-in-a-row decline.

Sep. 10 , 2019
SAIC Motor posts decline in both first-half revenue, net profit
SAIC Motor posts decline in both first-half revenue, net profit

China’s largest automaker SAIC Motor reported double-digit year-on-year decrease in both first-half revenue and net profit attributable to shareholders amongst a prolonged downturn in China’s auto market.

Aug. 30 , 2019