Articles Tagged with "SAIC"
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
Chinese state-owned automaker SAIC Motor formally launched its mobility brand known as “Xiangdao Chuxing” on December 18, saying it put the ride-hailing service into official operation from then on.
Dec. 19 , 2018
SAIC Motor sold 643,605 vehicles in November, suffering a year-on-year (YoY) drop of 10.4%, while its year-to-date (YTD) sales climbed 3.1% over the year-ago period to 6,392,038 units, according to the automaker’s official sales report.
Dec. 10 , 2018
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
From January to September, SAIC Motor’s revenues totaled RMB674.741 billion, climbing 10.97% over the previous year and the net profits attributable to shareholders grew 12.31% year on year (YoY) to RMB27.672 billion.
Oct. 30 , 2018
On October 19, SAIC Volkswagen’s NEV plant started construction in Anting Town, Shanghai’. Involving a total investment of RMB17 billion, the new NEV plant will be put into operation in 2020 with a planned annual capacity of 300,000 vehicles.
Oct. 19 , 2018