Articles Tagged with "SAIC"

SAIC Motor, China Baowu to team up on hydrogen application, smart supply chain
SAIC Motor, China Baowu to team up on hydrogen application, smart supply chain

SAIC Motor signed on July 15 a framework agreement with China Baowu Group to carry out all-round cooperation on such areas as hydrogen utilization, integrated materials for automobiles, smart supply and industrial finance.

Jul. 16 , 2020
SAIC Motor records 2020’s first-time YoY sales growth
SAIC Motor records 2020’s first-time YoY sales growth

SAIC Motor sold 479,464 new vehicles in June, achieving a 2.77% year-on-year growth. This is also the first-time increase the Chinese biggest automaker gained in 2020.

Jul. 7 , 2020
SAIC Motor to acquire 28.92% stake in CAR Inc. for mobility service development
SAIC Motor to acquire 28.92% stake in CAR Inc. for mobility service development

SAIC Motor announced on July 2 that its wholly-owned subsidiary SAIC Motor HK Investment Limited (SAIC HK) plans to acquire not fewer than 613,377,424 shares in CAR Inc., a Hong Kong-listed mobility service provider.

Jul. 3 , 2020
SAIC Motor’s chairman proposes speeding up ICV development, relaxing traffic restriction
SAIC Motor’s chairman proposes speeding up ICV development, relaxing traffic restriction

During this year’s two sessions, Chen Hong, chairman of SAIC Motor Corporation Limited and a deputy to the 13th National People's Congress, proposed supporting the eligible regions in speeding up the development of ICVs.

May 21 , 2020
SAIC-Audi likely to build Q8
SAIC-Audi likely to build Q8

Recent news reveals that the full-sized SUV to be produced by SAIC-Audi is likely to be the Q8.

May 13 , 2020
SAIC Motor achieves slight growth in April retail sales
SAIC Motor achieves slight growth in April retail sales

Benefitting from the resilient demand, SAIC Motor, China’s largest automaker saw its auto wholesale volume surge to 417,560 units in April from 231,455 units in March.

May 8 , 2020