Forget about cruise control, automatic parking, active safety and self-leveling headlights. Those are all “out”! SAIC Motor invites you to visit Auto Shanghai 2015 on April 20 to see what China’s “future cars” are like, thanks to fantastic foresight technologies.
SAIC Motor Corp, Shanghai General Motors Co (Shanghai GM) and Shanghai Volkswagen Automotive Co (Shanghai VW) the official launch of www.insaic.com, a website for the newly-founded SAIC Motor Insurance Sales Company (INSAIC) at a ceremony for their joint venture and cooperation.
SAIC Motor Corp improved its operation quality in 2014, according to its annual report, which showed higher net profit growth than revenue growth and higher revenue growth than auto sales growth.
SAIC Motors and Alibaba Group will jointly set up a 1-billion-yuan ($161.11 million) Internet car fund as they aspire to roll out China’s first “car on the Internet” in 2016.
SAIC Motor (stock code: 600104) recently made the list of China’s Top 100 Listed Companies Most Respected by Investors.
SAIC Motor and Shanghai General Motors Wuling (SGMW) will jointly set up a manufacturing plant in Indonesia to produce a variety of SGMW’s mature models meet the increasing demand for multi-purpose vehicles on the Asian market.
SAIC Motor announced on Jan 7 that it sold 5.62 million finished automobiles in 2014, up 10.07 percent compared with the previous year, making it the market leader in China.
Michigan Governor Rick Snyder paid a visit to SAIC Motor on Nov 25 and met with Chen Hong, chairman of the SAIC Motor.
SAIC Motor will join hands with its Shanghai Volkswagen, Shanghai General Motors, SAIC Motor Passenger Vehicle, SAIC-GM-Wuling Automobile and Maxus to display more than 100 vehicles at the 12th Guangzhou Auto Show from Nov 20 to 29.
The Pujiang Innovation Forumheld in Shanghai Oct 25-26, 2014 witnessed important contributions from SAIC.
SAIC Motor’s new energy vehicle team impresses rivals with its performance at the 12th edition of Michelin Challenge Bibendum held in Chengdu, capital city of Western China’s Sichuan province on November 11.
The SAIC Motor Group (SAIC Motor) sold nearly 4.19 million cars in the first nine months of 2014, up 10.75 percent from the previous year, according to a statement the company filed to the Shanghai Stock Exchange on October 31.
SAIC Motor and Chinese e-commerce giant Alibaba Group will cooperate in building China’s first “Internet car” for the future. The two will also develop related application services help launch a new motor ecosystem, according to a cooperation agreement they signed in Shanghai on July 23.
SAIC Motor moved up 18 places to No 85th on the 2014 Fortune Global 500 list, with consolidated sales revenue of $92 billion for the 2013 financial year, US-based Fortune magazine announced on July 7.
The SAIC Motor Group has more than 100 new cars on display in three halls and outdoor exhibit areas, at the 2014 Beijing International Automotive Exhibition, April 20-29, from eight subsidiaries, with 11 new models making their debut.
China’s President, Xi Jinping, and Germany’s Chancellor, Angela Merkel, were on hand, in Berlin, to witness a signing ceremony involving SAIC Motor Corp’s president, Chen Hong, and the Volkswagen Group’s China president and CEO, Jochem Heizmann, on March 28, covering cooperation in fuel cell technology and the Shanghai Volkswagen joint venture’s plug-in hybrid cars.
SAIC Group signed a cooperation agreement with Chinese financial conglomerate CITIC Group on July 4, 2014. The two sides seek to form a global strategic partnership that would add to their complementary advantages to further mutually beneficial interests.
On May 24, the SAIC Motor Tech Center located in Anting town, Jiading district of Shanghai welcomed a special guest -- Chinese President Xi Jinping.
When the SAIC Motor Group Co (SAIC Motor) announced its annual report for 2013, on March 28, the data showed revenues of 565.8 billion yuan ($90.44 million), an increase of 17.6 percent, year-on-year, and net profits from listed companies of 24.8 billion yuan, up 19.5 percent, year-on-year.
SAIC Motor’s pure electric car, the Roewe E50, has made it into the Beijing new-energy vehicle catalog, together with four other pure EVs, giving the municipal government’s nod to a total of seven EV brands.