Articles Tagged with "SAIC Motor"

Top stories of SAIC Motor in 2018
Top stories of SAIC Motor in 2018

Gasgoo hereby summarized SAIC Motor’s top stories that happened in 2018.

Feb. 10 , 2019
SAIC Motor predicts YoY growth of 4.6% in 2018 net profits
SAIC Motor predicts YoY growth of 4.6% in 2018 net profits

SAIC Motor predicted that its net profits attributable to shareholders of listed company total around RMB3.6 billion in 2018, up by nearly 4.6% compared with the 2017’s record year.

Jan. 31 , 2019
SAIC Motor achieves YoY growth of 1.75% in 2018 sales
SAIC Motor achieves YoY growth of 1.75% in 2018 sales

SAIC Motor sold a total of 7,051,734 vehicles throughout 2018, achieving a year-on-year (YoY) growth of 1.75% and gaining 24% of market shares in China, the automaker reported on January 4.

Jan. 4 , 2019
SAIC Motor posts 8.4% YoY sales drop in October
SAIC Motor posts 8.4% YoY sales drop in October

SAIC Motor reported a year-on-year (YoY) drop of 8.4% in sales with 601,877 vehicles delivered in October. For the first ten months, the automaker delivered 5,748,433 vehicles in total, a YoY increase of 4.9%.

Nov. 7 , 2018
SAIC Motor, China Mobile team up to develop 5G ICV
SAIC Motor, China Mobile team up to develop 5G ICV

SAIC Motor and China Mobile reached a strategic cooperation agreement on November 6 to co-develop China’s first volume 5G ICV (Internet-connected vehicle) model. They are ambitious to give impetus to the upgrading of ICV technologies.

Nov. 6 , 2018
SAIC Motor net profits rise 12.31% YoY for first three quarters
SAIC Motor net profits rise 12.31% YoY for first three quarters

From January to September, SAIC Motor’s revenues totaled RMB674.741 billion, climbing 10.97% over the previous year and the net profits attributable to shareholders grew 12.31% year on year (YoY) to RMB27.672 billion.

Oct. 30 , 2018