Articles Tagged with "SAIC"

According to statistics of iFinD, total research cost of 23 automobile companies of year 2013 is 20.9 billion CNY, which has increased 8% over last year. Research cost of SAIC is the highest among them. From the research cost- sales ratio perspective, JMC takes the top rank with 5.69%.

With the background Geely and Chery integration back to united brand, SAIC- GM- Wuling, another major stated owned brand, has developed new integration journey as well.

On 20 April media day of Beijing Auto Exhibition, HU Maoyuan, president of SAIC Group holds his position for local automobile brands. It is maybe the last time for him to take this kind of activity with president identification. He leaves Secretary of Party at the end of last year. The successor is CHEN Hong, who is the president and vice chairman of SAIC Group. If no accident happens, HU Maoyuan will retired this year, and leave automobile industry.