Articles Tagged with "SAIC"

Gasgoo.com (Shanghai August 3) - One of SAIC Group's subsidiaries, SAIC Motor, has taken majority control of fellow subsidiary Huayu Automobile today, Securities Daily reported. According to announcements from both companies, their submissions to the China Securities Regulatory Committee were a success. The news also represents full resumption of trading for the SAIC Group as a whole.

Gasgoo.com (Shanghai July 7) - SAIC Motor manufactured 298,600 vehicles and sold 317,770 last month, caijing.com.cn reported today. The figures represent minor growth for the manufacturer. SAIC has managed to sell over 2 million vehicles since the start of the year, 13 percent higher than the amount sold in the first half of 2010.