Articles Tagged with "SAIC Motor"

SAIC Motor says world’s biggest hydrogen-refueling station launched in Shanghai
SAIC Motor says world’s biggest hydrogen-refueling station launched in Shanghai

The world’s biggest and highest-level hydrogen-refueling station has been officially launched on June 5 at the Shanghai Chemical Industry Park, SAIC Motor announced via its official WeChat account.

Jun. 5 , 2019
300,000th vehicle for SAIC Motor PV’s Zhengzhou base rolls off production line on May 29
300,000th vehicle for SAIC Motor PV’s Zhengzhou base rolls off production line on May 29

SAIC Motor Passenger Vehicle (SAIC Motor PV), a wholly-owned subsidiary of China’s biggest auto group SAIC Motor, saw the 300,000th vehicle for its Zhengzhou plant officially roll off the production line on May 29.

May 30 , 2019
SAIC Motor's Jan.-Apr. sales in 2019 drop 16.8%
SAIC Motor's Jan.-Apr. sales in 2019 drop 16.8%

SAIC Motor sold 456,826 vehicles in April, suffering a double-digit decrease of 19.73%, the automaker announced on May 7. This was the eighth month in a row recording year-on-year negative growth.

May 9 , 2019
SAIC Motor sees 4.65% year-on-year growth in 2018 net profit
SAIC Motor sees 4.65% year-on-year growth in 2018 net profit

SAIC Motor announced its 2018 annual performance on April 1, saying its full-year revenue grew 3.62% year on year to RMB902.19 billion and the net profit attributable to shareholders of the company climbed 4.65% to over 36 billion.

Apr. 2 , 2019
SAIC Motor said VW's plan to raise equity in JV has not been discussed
SAIC Motor said VW's plan to raise equity in JV has not been discussed

Recently, a report said that Volkswagen Group is going to raise its equity in China-based JV, including SAIC Volkswagen (SAIC VW). On March 18, SAIC Motor, SAIC VW’s Chinese parent company, officially issued an announcement to deny the news.

Mar. 18 , 2019
SAIC Motor posts 21.23% YoY decline in Feb. sales
SAIC Motor posts 21.23% YoY decline in Feb. sales

SAIC Motor reported on March 12 that its sales in February amounted to 362,945 units, sliding 21.23% compared with the same period a year ago.

Mar. 12 , 2019