Articles Tagged with "SAIC"

SAIC Motor sees 4.65% year-on-year growth in 2018 net profit
SAIC Motor sees 4.65% year-on-year growth in 2018 net profit

SAIC Motor announced its 2018 annual performance on April 1, saying its full-year revenue grew 3.62% year on year to RMB902.19 billion and the net profit attributable to shareholders of the company climbed 4.65% to over 36 billion.

Apr. 2 , 2019
Audi A7L said to be first model for SAIC Audi
Audi A7L said to be first model for SAIC Audi

The first model to be produced by the yet-to-be-established SAIC Audi will be the Audi A7L, according to some Chinese media outlets.

Mar. 20 , 2019
SAIC Motor said VW's plan to raise equity in JV has not been discussed
SAIC Motor said VW's plan to raise equity in JV has not been discussed

Recently, a report said that Volkswagen Group is going to raise its equity in China-based JV, including SAIC Volkswagen (SAIC VW). On March 18, SAIC Motor, SAIC VW’s Chinese parent company, officially issued an announcement to deny the news.

Mar. 18 , 2019
Top stories of SAIC Motor in 2018
Top stories of SAIC Motor in 2018

Gasgoo hereby summarized SAIC Motor’s top stories that happened in 2018.

Feb. 10 , 2019
SAIC Motor predicts YoY growth of 4.6% in 2018 net profits
SAIC Motor predicts YoY growth of 4.6% in 2018 net profits

SAIC Motor predicted that its net profits attributable to shareholders of listed company total around RMB3.6 billion in 2018, up by nearly 4.6% compared with the 2017’s record year.

Jan. 31 , 2019
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