SAIC Motor expands finance business with FOF founding
SAIC Motor Corporation Limited and Zhongyuan Asset Management Co Ltd announced on Sept 26 that they had co-established a company to conduct fund of funds (FOF) business.
Semi-annual report suggests SAIC Motor development decisions
SAIC Motor Corporation Limited (SAIC Motor) released its semi-annual report on Aug 30, summarizing its performance in the first half of 2017.
SAIC Motor and China Railway band together to promote logistics services
SAIC Motor Corporation Limited (SAIC Motor) signed a strategic cooperation framework with China Railway in late July in Beijing, aimed at promoting supply-side structural reform and driving the development of the logistics industry.
SAIC Motor makes Global 500 for the 13th time
With 2016’s annual sales revenue reaching 113.86 billion yuan ($17.54 billion), SAIC Motor Corporation Limited (SAIC Motor) rose to 41st place on Fortune magazine’s Global 500 list, which was released on July 20.
SAIC Motor: China’s fastest growing automobile enterprise
SAIC Motor Corporation Limited distinguished itself among its competitors over the first half of 2017, showing a sales increase of 113 percent that contrasts sharply with the modest national 0.8 percent increase in general passenger vehicle sales.
SAIC Motor determined to enter Indian market
SAIC Motor Corporation Limited on June 29 announced that it would enter the Indian market with the construction of a production base in the country.
Industrial giants cooperate to develop intelligent driving
SAIC Motor Corporation Limited agreed upon a cooperation framework with China Mobile Communications Corporation and Huawei Technologies Co Ltd at the Mobile World Congress in Shanghai on June 28, 2017.
SAIC Motor and CATL cooperate to produce batteries
A groundbreaking ceremony for the new-energy battery project between SAIC Motor Corporation Limited and Contemporary Amperex Technology Co Ltd (CATL) took place in Liyang city, Jiangsu province, on June 19.
SAIC Motor holds 2016 shareholders’ meeting
SAIC Motor held the 2016 shareholders’ meeting on May 25, 2017, with the annual report, profit distribution plan and the work report of the board of directors approved.
SAIC Motor partners with Shanghai tobacco firm for charity
Chinese car-maker SAIC Motor, together with Shanghai Tobacco Group Co, donated six school buses and two ambulances to Enshi city in Hubei province on May 4, 2017.
Diversified products a highlight of SAIC Motor’s strengthen
Smart cars were a hit at the 17th Shanghai International Automobile Industry Exhibition, with various innovative products including Roewe Vision E, MG electric concept car, SAIC Maxus V80, Buick VELITE 5, Chevrolet FNR-X t car, on display.
Auto summit enhances exchange of new ideas
The first Auto Frontrunner Summit, organized by Chinas leading automaker SAIC Motor, was held in Shanghai on April 18, attracting more than 1,000 scholars, industrial experts, journalists and investors.
Roewe Vision-E: a car of future
The technologies of new energy, artificial intelligence, big data and cloud computing have transformed the traditional auto industry. The traditional engine, gearbox and chassis are now progressing to become electric, internet-connected, intelligent and sharing, turning cars into a smarter and greener “new species”.
SAIC Motor targets at leading future auto life
At a critical period of technological advancement, market evolution and industrial transformation, SAIC Motor Corp Ltd (SAIC Motor) has been pushing forward innovation-driven development to improve its core competitiveness, with a focus on promoting four trends - electrification, connection, intelligence and sharing.
SAIC Motor supports Shanghai’s bid for 46th WorldSkills Competition
SAIC Motor, Chinas largest automaker, pledged its full support for Shanghai’s bid for the 46th WorldSkills Competition in 2021 during a meeting with the competition assessment team in Shanghai on April 4.
SAIC Motor crowned as China’s fifth most valuable listed company
Top Chinese automaker SAIC Motor Corp Ltd (SAIC Motor), with an estimated value of 239.44 billion yuan ($35.24 billion), ranked fifth among the top 100 Chinese listed companies by brand value, as well as the 10th among the top 50 Chinese listed companies by overseas brand value this year, according to a list released on March 31, 2017.
SAIC releases annual report for 2016
SAIC Motor Corporation Limited (SAIC Motor) reported revenue of 756.42 billion yuan ($111.27 billion) in 2016, a record year-on-year increase of 12.82 percent, according to the company’s annual report for 2016 released on April 6, 2017.
SAIC Motor launches new innovation center in Israel
SAIC Motor on Feb 15 announced the launch of a new innovation center in Israel, which is dubbed “the second Silicon Valley”.
SAIC Motor continues cooperation with Shanghai SIPG
SAIC Motor, together with Roewe, MG and Chexiang under the group, officially became Shanghai SIPG Football Club’s strategic partner for 2017, it was announced on Feb 13 in Shanghai.
SAIC Motor completes non-public offering
SAIC Motor completed a $15 billion non-public offering to its major shareholder, core employees and six institutional investors on Jan 21, 2017.
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