Articles Tagged with "SAIC"

SAIC Motor sees Jan.-Apr. 2021 sales zoom up 42.44% YoY
SAIC Motor sees Jan.-Apr. 2021 sales zoom up 42.44% YoY

In the Jan.-Apr. period of the year, SAIC Motor sold 1,561,929 vehicles in total, recording a year-on-year surge of 42.44%.

May 11 , 2021
SAIC Motor achieves leap in Q1 2021 revenue, net profit thanks to sales growth
SAIC Motor achieves leap in Q1 2021 revenue, net profit thanks to sales growth

SAIC Motor, the Chinese biggest automobile group, reported a gross revenue of 189.095 billion yuan ($29.22 billion) for the first quarter of 2021, a year-on-year jump of 82.13%.

Apr. 30 , 2021
Bright spots of SAIC’s self-owned brands at Auto Shanghai 2021
Bright spots of SAIC’s self-owned brands at Auto Shanghai 2021

At the Auto Shanghai 2021, SAIC Motor’s self-owned PV brands—Roewe, MG and R Auto—all brought their newest products. Notably, the auto giant also caused many heads to turn with an independent boot particularly set for the newborn EV brand IM.

Apr. 28 , 2021
SAIC Motor, Tencent jointly set up cybersecurity lab
SAIC Motor, Tencent jointly set up cybersecurity lab

On April 8, SAIC and Tencent officially launched a cybersecurity lab through which they will carry out collaboration on such fields as ICV-related cybersecurity standards, attack & defense technologies as well as cybersecurity R&D and operation.

Apr. 8 , 2021
SAIC Volkswagen’s MEB-based ID.4 X hits market with price starting at 199,900 yuan
SAIC Volkswagen’s MEB-based ID.4 X hits market with price starting at 199,900 yuan

SAIC Volkswagen’s fire new full-electric SUV ID.4 X formally hit the market on March 25. Coming with six variants in total, the new model is priced between 199,900 yuan ($30,567) and 272,900 yuan ($41,730) after subsidies.

Mar. 26 , 2021
SAIC Motor posts 20.2% YoY drop in 2020 net profit
SAIC Motor posts 20.2% YoY drop in 2020 net profit

SAIC Motor announced on Thursday its revenue in 2020 dropped 12.52% year on year to roughly 723.043 billion yuan ($110.56 billion), while the full-year net profit attributable to shareholders fell 20.2% to 20.431 billion yuan ($3.124 billion).

Mar. 25 , 2021