Articles Tagged with "SAIC Group "

SAIC’s Feifan Auto gets almost 3,000 orders in Oct.
SAIC’s Feifan Auto gets almost 3,000 orders in Oct.

SAIC Group’s Feifan Auto (former R Auto) is getting more favorable among consumers, judging from its October performance results, thus backing the group’s decision to promote the young subsidiary strongly.

Nov. 4 , 2021
SAIC Motor new branch to run R Auto independently
SAIC Motor new branch to run R Auto independently

China’s largest automobile company SAIC Motor announced a new company to be responsible for the independent operation for its R brand today, and named the head of the new company.

Oct. 29 , 2021
SAIC Motor sees Q3 net profit drop 14.75% YoY
SAIC Motor sees Q3 net profit drop 14.75% YoY

In Q3, SAIC Motor's net profit attributable to shareholders reached 7.036 billion yuan ($1.101 billion), falling 14.75% compared to the year-ago period.

Oct. 29 , 2021
SAIC to build plant in Inner Mongolia with annual capacity of over 10k hydrogen trucks
SAIC to build plant in Inner Mongolia with annual capacity of over 10k hydrogen trucks

The unveiling ceremony for SAIC Hongyan Co.,Ltd.’s Inner Mongolia branch and Inner Mongolia Hydrogen Propulsion Technology Co., Ltd. was held on October 13.

Oct. 13 , 2021
Sales of SGMW’s Wuling Asta SUV hit 10,000 units in less than one month
Sales of SGMW’s Wuling Asta SUV hit 10,000 units in less than one month

The total sales of the Wuling Asta, the first strategic SUV model bearing Wuling brand’s global silver badge, topped 10,000 units as of October 12, only 26 days after the model hit the market, SAIC-GM-Wuling (SGMW) announced on Tuesday.

Oct. 12 , 2021
SAIC Motor becomes direct shareholder of  Iveco's joint venture in China
SAIC Motor becomes direct shareholder of Iveco's joint venture in China

Nanjing Iveco Automobile Co.,Ltd. (Naveco), a Nanjing-based company principally engaging in manufacturing light-duty commercial vehicle, recently introduced SAIC Motor as a director investor, according to Tianyancha.

Oct. 12 , 2021