Articles Tagged with "SAIC"

SAIC Motor said to launch new intelligent EV brand code-named “L”
SAIC Motor said to launch new intelligent EV brand code-named “L”

Chinese largest automaker SAIC Motor intends to launch an all-new intelligent EV brand code-named “L”, which will operate businesses as an independent company, according to a local media outlet.

Oct. 14 , 2020
SAIC Motor garners four-straight-month YoY sales growth as of Sept.
SAIC Motor garners four-straight-month YoY sales growth as of Sept.

With 602,318 new vehicles sold, SAIC Motor boasted a 9.51% year-on-year growth in Sept. sales, the Chinese largest automaker said on October 12.

Oct. 12 , 2020
SAIC Volkswagen to kick off production of MEB NEV plant in October
SAIC Volkswagen to kick off production of MEB NEV plant in October

SAIC Volkswagen is ready to start production at its Anting-based new energy vehicle (NEV) plant in October, according to a local media outlet.

Sep. 24 , 2020
SAIC Motor boasts robust growth in second-quarter net profit
SAIC Motor boasts robust growth in second-quarter net profit

For the first half of 2020, SAIC Motor’s gross revenue fall 24.6% over a year ago to 283.74 billion yuan ($41,253,921,557), and its net profit attributable to shareholders tumbled 39.01% to 8.394 billion yuan ($1,220,469,194).

Aug. 28 , 2020
SAIC Motor logs bigger YoY sales increase in July
SAIC Motor logs bigger YoY sales increase in July

With 457,558 new vehicles sold, SAIC Motor recorded a 4.04% year-on-year growth in July sales, 1.27 percentage points higher than the increase in June sales, according to the company’s sales report.

Aug. 7 , 2020
SAIC Maxus boasts two-digit growth in both July domestic and foreign market sales
SAIC Maxus boasts two-digit growth in both July domestic and foreign market sales

SAIC Maxus Automotive Co., Ltd., an exclusively-invested subsidiary of SAIC Motor, said it sold a total of 11,511 new vehicles in July, which jumped 26.4% from a year earlier.

Aug. 5 , 2020