Articles Tagged with "SAIC"
SAIC 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 , 2020
SAIC 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 , 2020
SAIC-GM-Wuling Automobile will concentrate on four sectors, namely Wuling brand, New Baojun brand, Baojun brand and new energy segment this year.
Jan. 8 , 2020
After 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 , 2019
SAIC-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
Audi is said to be making a plan with partners in China to boost sales and improve its brand value in three years. Besides, the SAIC-Audi project will not sell products before 2022, but the project has been moving forward.
Dec. 1 , 2019