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SAIC
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China’s financial, logistics and manufacturing giant struggles to get back on its feet as Covid lockdowns snarl logistics and restrict the workforce
Apr.25 2022 06:24 AM
company-info
Once a leader in helping China create its modern auto industry, the German auto giant is stumbling with its electric transition in the world’s most dynamic EV market
Mar.11 2022 15:58 PM
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SAIC, FAW and Geely develop new generation of trucks that don’t burn fossil fuels as Geely executive Mike Fan says the cost won’t be significantly higher
Nov.16 2021 04:39 AM
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China’s leading automaker will begin with its hydrogen vehicle technology company, which will be listed separately
Jun.25 2021 20:16 PM
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Advances in electric power and self-driving technology are bringing revolutionary changes to the century-old auto industry
Apr.12 2021 08:22 AM
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China’s largest carmaker is developing a new assembly platform for vehicles that don‘t run on fossil fuels
Oct.13 2020 19:40 PM
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Surprise $254 million deal beating out BAIC would provide an exit for embattled Lu Zhenyao amid Luckin’s financial reporting fraud scandal
Jul.3 2020 03:49 AM
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ByteDance could lose more than $6 billion after India banned its popular TikTok video-sharing app; embattled Jia Yueting completes U.S. personal bankruptcy
Jul.2 2020 20:42 PM
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Sales rose 13.6% in April, rebounding from a massive decline at the start of the year during the Covid-19 outbreak
May.5 2020 17:43 PM
company-info
SAIC Motor says significant reduction in battery costs required before electric cars can become truly competitive
Jan.14 2020 19:23 PM
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German firm seems poised to tie-up with SAIC as it pushes to regain share lost to hometown rivals in world’s biggest market
Dec.10 2019 14:31 PM
company-info
China’s SAIC Motor is going up against Suzuki and Hyundai in India, the world’s fourth-biggest car market
Jun.27 2019 16:03 PM
company-info
Xiao Yaqing, who directed the State-owned Assets Supervision and Administration Commission, will now lead State Administration for Market Regulation
May.20 2019 20:45 PM
company-info
SAIC said it sold 14% fewer cars in the first month of 2018 as the economy loses steam
Feb.15 2019 20:29 PM
company-info
Luxury car maker makes 1% equity investment in new venture, clearing the way for SAIC Volkswagen to produce Audi cars
Jun.27 2018 00:58 AM