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  • Chinese automaker SAIC introduces new strategic investors to its Indian subsidiary

    MG Motor India, a wholly-owned subsidiary of Chinese car manufacturer SAIC Motor, has brought in new strategic investors including Indian steel giant JSW Group, according to SAIC.


  • Chinese automaker SAIC Motor expects robust sales in 2023

    SAIC Motor, China's main carmaker, has set its 2023 sales target at 6 million vehicles, including 1.2 million units for overseas, the company said on Thursday.


  • Chinese carmaker, shipping company to deepen cooperation as NEV exports increase

    Chinese carmaker Shanghai Automotive Industry Corporation (SAIC) and shipping giant China COSCO Shipping Corporation Limited (COSCO) on Sunday both announced that the two sides are to deepen cooperation through cross-shareholdings, reported Shanghai Securities News.


  • SAIC-GM-Wuling NEV sales up 23 pct in H1

    SAIC-GM-Wuling (SGMW), based in Liuzhou of south China's Guangxi Zhuang Autonomous Region, reported strong new energy vehicle (NEV) sales in the first six months of 2022, said the company.


  • SAIC's high-end electric car MARVEL R launched in Europe, attracting Western media attention

    The European subsidiary company of China's leading automobile manufacturer SAIC Motor officially announced that its pure electric flagship car MARVEL R would be priced from 39,990 to 47,990 euros in the European market, during an online press conference held last Thursday.


  • SAIC-GM-Wuling posts strong vehicle sales in Q1

    SAIC-GM-Wuling (SGMW), a major Chinese automobile manufacturer, reported strong vehicle sales in the first quarter of 2021, the company said.


  • SAIC Developer Conference

    Emerging technologies such as artificial intelligence, big data, and cloud computing are developing vigorously. Through the in-depth integration with information technology, automobiles with a history of more than 100 years have also ushered in a huge opportunity for disruptive changes. Driven by the wave of intelligence, cars are developing in the direction of "data determines experience and software defines cars." SAIC is sending a sincere invitation to automotive users and third-party developers to jointly build a "win-win" smart car ecosystem on the SOA software platform.


  • China's SAIC Motor, Horizon Robotics ink strategic agreement to make smarter cars

    China's major carmaker SAIC Motor announced on Monday that it had inked a strategic agreement with Horizon Robotics, one of China's leading designers of AI chips, to make smarter cars.


  • SAIC Motor's overseas sales soar 11.3 pct in 2020

    In spite of the COVID-19 pandemic, major Chinese automaker SAIC Motor Corporation Limited saw its overseas sales soar 11.3 percent year on year to 390,000 units of vehicles in 2020, accounting for more than one third of total overseas sales of Chinese automakers and ranking the first among China's auto enterprises for five consecutive years, reported the People's Daily on last Friday.


  • SAIC Motor car production, sales up in October

    Major Chinese automaker SAIC Motor Corporation Limited reported growth in production and sales in October.


  • SAIC's truck joint venture breaks ground on smart factory

    SAIC-Iveco Hongyan Commercial Vehicle Co., Ltd. (SIH), a heavy-duty truck manufacturer, broke ground on a smart factory in southwest China's Chongqing Municipality Wednesday.


  • SAIC Motor terminates acquisition of CAR stakes

    Major Chinese automaker SAIC Motor Corporation Limited has ended an agreement to acquire stakes of CAR Inc., the country's leading auto rental service provider, reported the Xinhua-run Shanghai Securities News on Monday.


  • SAIC Motor profit growth moderates in 2018

    China's leading auto maker SAIC Motor Corporation Limited said Wednesday that it expected a milder profit growth in 2018 amid slowdown in the country's car market.


  • China's carmaker SAIC plans to build factory in Egypt: minister

    China's giant carmaker SAIC Motor seeks to establish a car manufacturing factory in Egypt, Egypt's Minister of Trade and Industry Tarek Kabil said Sunday.


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