Articles Tagged with "SAIC"

SAIC Motor’s Ningde plant reaches annual capacity of 240,000 PVs
SAIC Motor’s Ningde plant reaches annual capacity of 240,000 PVs

SAIC Motor’s car assembly plant in Ningde, Fujian province is currently able to output 240,000 new vehicles per year and its annual capacity can peak at 300,000 units.

Sep. 29 , 2021
SAIC Audi puts A7L into production
SAIC Audi puts A7L into production

On September 26, the Audi A7L, the first mass-produced model of SAIC-Audi project, was formally put into production at SAIC VW’s plant in Anting Town, Shanghai, with the presale of its 3.0T 55TFSI version kicking off at the same time.

Sep. 26 , 2021
SAIC Motor expects annual CV unit revenue to top 100 billion yuan by 2025
SAIC Motor expects annual CV unit revenue to top 100 billion yuan by 2025

SAIC Motor aims to gain over 100 billion yuan of annual revenue from its commercial vehicle (CV) business by 2025, as part of the development plan the automaker sets for its CV unit arm in the 14th Five-Year Plan period.

Sep. 24 , 2021
SAIC invests in Momenta’s new funding round
SAIC invests in Momenta’s new funding round

According to local media outlet Xchuxing, Momenta has completed another new round of financing, led by General Motors which invested a total of $400 million.

Sep. 16 , 2021
SAIC Motor says Aug. sales drop 10.08% year on year
SAIC Motor says Aug. sales drop 10.08% year on year

SAIC Motor saw its monthly auto sales fall 10.08% year on year to 453,408 units in August, the company announced on Monday. The sales for the Jan.-Aug. period amounted to 3,103,239 units, ticking up 3.07% from the previous year.

Sep. 6 , 2021
SAIC MAXUS YTD overseas sales surpass 2020 annual sales
SAIC MAXUS YTD overseas sales surpass 2020 annual sales

SAIC MAXUS sold 15,022 vehicles in August, including 5,871 vehicles overseas, representing an increase of 20% compared to the same month of last year. The year-to-date sales volume by the end of August is 32,323 vehicles.

Sep. 2 , 2021