Articles Tagged with "SAIC"

SAIC Motor boosts wholly owned brands

SAIC plans to double the sales of its two wholly owned brands to 180,000 in 2010. Full-year sales in 2009 are expected to hit 90,000 units. The maker of Roewe and MG also nurturing range of new energy cars.

Jan. 4 , 2010
SAIC pays $500M for 50% stake in GM India

General Motors, which recently entered into a 50:50 joint venture with SAIC Motor to make cars for the Indian and export markets, has sold 50% of its Indian operations to SAIC for $500 million.

Dec. 28 , 2009
SAIC set to launch self-developed MG6 next week

SAIC Motor is set to launch its self-developed MG6 model in the Chinese market on December 22, media reported. Its price will likely start from 130,000 yuan ($19,000).

Dec. 16 , 2009