Articles Tagged with "SAIC Motor"

SAIC Motor's purchase of Huayu gains official approval

Gasgoo.com (Shanghai August 3) - One of SAIC Group's subsidiaries, SAIC Motor, has taken majority control of fellow subsidiary Huayu Automobile today, Securities Daily reported. According to announcements from both companies, their submissions to the China Securities Regulatory Committee were a success. The news also represents full resumption of trading for the SAIC Group as a whole.

Aug. 4 , 2011