Articles Tagged with "SAIC"

SAIC Motor achieves YoY growth of 1.75% in 2018 sales
SAIC Motor achieves YoY growth of 1.75% in 2018 sales

SAIC Motor sold a total of 7,051,734 vehicles throughout 2018, achieving a year-on-year (YoY) growth of 1.75% and gaining 24% of market shares in China, the automaker reported on January 4.

Jan. 4 , 2019
SAIC VW again crowned China’s champion PV maker by selling 2.065 million vehicles in 2018
SAIC VW again crowned China’s champion PV maker by selling 2.065 million vehicles in 2018

SAIC Volkswagen (SAIC VW) reported an annual sales volume of 2,065,077 vehicles in 2018, the fourth year in a row becoming the champion PV automaker in China. The yearly sales of VW brand and Skoda were around 1,713,000 units and 352,000 units.

Jan. 3 , 2019
SAIC-owned HUAYU Automotive sells out JV stake to focus on self-development
SAIC-owned HUAYU Automotive sells out JV stake to focus on self-development

HUAYU Automotive Systems Co., Ltd. (HASCO) announced in recent days that it plans to sell its 50 stake in Shanghai TRW Automotive Safety Systems Co., Ltd. (Shanghai TRW) to TRW Asia Pacific Co.,Ltd (TRW Asia) with a value of RMB80.71 million.

Dec. 25 , 2018
SAIC-owned MG ZS BEV makes premiere at Auto Guangzhou 2018
SAIC-owned MG ZS BEV makes premiere at Auto Guangzhou 2018

The MG ZS BEV, the first BEV model developed by SAIC-owned MG, was formally launched on the eve of the Auto Guangzhou 2018 and will hit the market in 2019.

Nov. 16 , 2018
SAIC Motor posts 8.4% YoY sales drop in October
SAIC Motor posts 8.4% YoY sales drop in October

SAIC Motor reported a year-on-year (YoY) drop of 8.4% in sales with 601,877 vehicles delivered in October. For the first ten months, the automaker delivered 5,748,433 vehicles in total, a YoY increase of 4.9%.

Nov. 7 , 2018
SAIC Motor, China Mobile team up to develop 5G ICV
SAIC Motor, China Mobile team up to develop 5G ICV

SAIC Motor and China Mobile reached a strategic cooperation agreement on November 6 to co-develop China’s first volume 5G ICV (Internet-connected vehicle) model. They are ambitious to give impetus to the upgrading of ICV technologies.

Nov. 6 , 2018