Articles Tagged with "SAIC"
Gasgoo hereby summarized the major events that to some degree delineate the development track of SAIC Motor’s 2019.
Jan. 28 , 2020SAIC Motor’s 2019 net profit attributable to shareholders of the public company is projected to reach roughly RMB25.6 billion, tumbling 28.9% compared with 2018, the automaker announced on January 13.
Jan. 14 , 2020SAIC Motor announced its annual sales in 2019 shrank 11.54% from a year ago to 6,237,950 units. However, after suffering 15-straight-month year-on-year downturn, the Chinese biggest automaker finally posted growth in December.
Jan. 8 , 2020SAIC Motor on December 9 inked a framework agreement with China Post Group to carry out strategic collaboration on complete vehicle procurement, fleet operation, finance, express & logistics and market expansion.
Dec. 11 , 2019After eleven months of the year passed, SAIC Motor, the Chinese largest automaker, has not got sales rebound yet. According to the latest sales report, the automaker posted 9.58% and 13.33% year-on-year decline in November and year-to-date sales.
Dec. 9 , 2019SAIC-GM, a joint venture between General Motors and SAIC Motor, will invest roughly RMB80 billion ($11.3 billion) in the JV’s R&D, technologies and factories from 2020 through 2024, to keep up with the industry mega trends.
Dec. 4 , 2019










