Articles Tagged with "SAIC"
Chinese largest auto marker SAIC Motor announced on October 20 it is ambitious to make the annual sales volume of its self-owned brands exceed 100,000 vehicles in 2025 in Europe, where a number of global auto giants make significant deployment.
Oct. 21 , 2020With a predicted annual capacity of 360,000 vehicles for the first phase, the SAIC VW's MEB factory is said to manufacture the Audi Q4 Sport e-tron, the Volkswagen ID.4 X, the mass-produced version of the ID.ROOMZZ and the SKODA ENYAQ.
Oct. 16 , 2020Chinese 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 , 2020SAIC Motor saw its August new vehicles sales climbed 3.57% year on year to 504,236 units, topping 500,000 units for the first time so far this year, according to the automaker’s sales report.
Sep. 7 , 2020Chinese largest automaker SAIC Motor said it signed an agreement on September 1 with the Export-Import Bank of China for a credit line worth 50 billion yuan ($7.315 billion).
Sep. 2 , 2020For 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










