Articles Tagged with "SAIC Motor"

SAIC Motor attains 4.54% YoY growth in Nov. 2023 auto sales
SAIC Motor attains 4.54% YoY growth in Nov. 2023 auto sales

SAIC Motor saw its auto sales climb 4.54% over a year ago to 515,114 units in Nov. 2023, the first upward movement after five consecutive months of year-on-year decrease in monthly sales, according to the Shanghai-based auto giant's official sales fi

Dec. 6 , 2023
SAIC Motor introduces JSW Group as strategic investor of MG Motor India
SAIC Motor introduces JSW Group as strategic investor of MG Motor India

SAIC Motor, a prominent Chinese automobile giant, and JSW Group of India joined forces by signing a strategic cooperation agreement in London, aiming to capitalize on the rapidly growing Indian automotive market.

Dec. 1 , 2023
SAIC Volkswagen hits production milestone of 27 millionth vehicle
SAIC Volkswagen hits production milestone of 27 millionth vehicle

On November 27, SAIC Volkswagen (“SAIC VW”), the joint venture between SAIC Motor and Volkswagen Group, declared the production of its 27 millionth vehicle.

Nov. 28 , 2023
SAIC Motor boasts 2-digit YoY growth in Oct. 2023 overseas sales
SAIC Motor boasts 2-digit YoY growth in Oct. 2023 overseas sales

SAIC Motor said its export volume and overseas market sales totaled 111,252 units in October, leaping 32.32% over the prior-year period and hitting the highest-ever level so far this year.

Nov. 6 , 2023
SAIC Motor sees quarterly revenue, net profit, car sales rise consecutively in Q1-Q3 period
SAIC Motor sees quarterly revenue, net profit, car sales rise consecutively in Q1-Q3 period

SAIC Motor announced on Thursday that its gross revenue reached roughly 196.787 billion yuan in the third quarter (Q3) of this year, sliding 6.92% from the previous year.

Oct. 27 , 2023
SAIC Motor breaks ground on power battery factory in Zhengzhou city
SAIC Motor breaks ground on power battery factory in Zhengzhou city

On October 23, SAIC Motor held a groundbreaking ceremony for its new energy vehicle (NEV) battery factory in Zhengzhou city, capital of China's Henan province, marking a significant milestone in the expansion of its presence in the field of NEVs.

Oct. 24 , 2023
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