Articles Tagged with "SAIC"

SAIC Volkswagen said to roll out 3 MEB-based EV models
SAIC Volkswagen said to roll out 3 MEB-based EV models

The Anting-based plant of SAIC VW is slated to roll out three MEB-based EV models, according to an inside document from SAIC Volkswagen. Two of them should be the ID. ROOMZZ and the Skoda VISON iV, which have been unveiled at the Auto Shanghai 2019.

Jul. 31 , 2019
SAIC Motor ready to issue RMB20 billion worth of bonds to raise capital for R&D innovation
SAIC Motor ready to issue RMB20 billion worth of bonds to raise capital for R&D innovation

SAIC Motor is ready to apply for public issuance of RMB20 billion worth of bonds by means of shelf offering and the plan has been approved by the company’s board of directors and supervisory board, the China’s biggest auto group announced on July 19.

Jul. 24 , 2019
SAIC Motor posts 16.62% year-on-year decline in H1 2019 sales
SAIC Motor posts 16.62% year-on-year decline in H1 2019 sales

SAIC Motor said on July 4 its vehicle sales for the first half of 2019 declined 16.62% year on year to 2,937,296 units.

Jul. 5 , 2019
SAIC Volkswagen’s MEB plant in Anting said to produce Audi Q4 e-tron SUVs
SAIC Volkswagen’s MEB plant in Anting said to produce Audi Q4 e-tron SUVs

SAIC Volkswagen, the automobile joint venture between China’s state-owned SAIC Motor and German auto giant Volkswagen Group, is going to see its MEB plant in Anting Town, Shanghai start trial production in November this year.

Jun. 3 , 2019
300,000th vehicle for SAIC Motor PV’s Zhengzhou base rolls off production line on May 29
300,000th vehicle for SAIC Motor PV’s Zhengzhou base rolls off production line on May 29

SAIC Motor Passenger Vehicle (SAIC Motor PV), a wholly-owned subsidiary of China’s biggest auto group SAIC Motor, saw the 300,000th vehicle for its Zhengzhou plant officially roll off the production line on May 29.

May 30 , 2019
SAIC Motor's Jan.-Apr. sales in 2019 drop 16.8%
SAIC Motor's Jan.-Apr. sales in 2019 drop 16.8%

SAIC Motor sold 456,826 vehicles in April, suffering a double-digit decrease of 19.73%, the automaker announced on May 7. This was the eighth month in a row recording year-on-year negative growth.

May 9 , 2019