SAIC MOTOR

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.

2017-1-20

SAIC sells 6.49 million vehicles in 2016

SAIC Motor continued to be a sales champion as it sold 6.49 million vehicles in 2016, up 9.95 percent from the previous year, further expanding its leading advantages.

2017-1-3

SAIC Motor’s internet-based car wins gold medal at CIIF 2016

SAIC Motor’s Roewe RX5, the world’s first mass-produced car on the internet, won the gold medal for industrial design at the 18th China International Industry Fair (CIIF) on Nov 1, 2016.

2016-11-1

SAIC’s innovative cars service Pujiang Innovation Forum

SAIC Motor presented its innovative products at an exhibition during the Pujiang Innovation Forum held in Shanghai from Sept 23 to 26.

2016-9-23

SAIC Motor mid-year report: Focusing on new capacities, services and markets

SAIC Motor Corporation Limited (SAIC Motor) has seen steady growth by offering new products, expanding its sales network and optimizing its production and sales structure.

2016-8-30

Roewe RX5: world’s first mass-produced Internet car debuts on market

SAIC Motor and Alibaba Group jointly released the world's first mass-produced Internet car, the Roewe RX5, in Hangzhou, Zhejiang province, on July 6.

2016-7-27

SAIC sign cooperation deal with Shanghai Grand Theater Arts Center

SAIC Motor and the Shanghai Grand Theater Arts Center signed a cooperation agreement in Shanghai on June 6, announcing that the Shanghai Culture Square will be officially renamed the SAIC Shanghai Culture Square.

2016-7-27

SAIC, Shanghai Shendi to jointly forge eco-friendly Shanghai International Tourism and Resorts Zone

SAIC and Shanghai Shendi (Group) Co will join hands in forging an eco-friendly Shanghai International Tourism and Resorts Zone, according to a cooperation agreement signed by the two companies on June 3.

2016-7-27

SAIC’s comprehensive capability, innovative technology in spotlight at Auto China 2016

The 14th Beijing International Automotive Exhibition, or Auto China 2016, opened in Beijing on April 25.

2016-5-5

SAIC vehicles labeled representative of Chinese auto brands

SAIC Motor’s passenger vehicles gained the title of “Representative of Chinese Auto Brands” at the awards ceremony of the Search and Praise for the Positive Energy, in 2015.

2016-4-14

SAIC Motor, Shanghai’s Jiading district to launch new energy car rental service

SAIC Motor recently inked a deal with Shanghai’s Jiading district government to set up a new energy car rental company.

2016-4-14

SAIC keeps leadership through innovative development

China's top automaker SAIC Motor was again the sales champion among domestic carmakers with 59.02 million vehicles purchased in 2015, a year-on-year increase of 5 percent.

2016-4-14

SAIC Motor teams up with Shanghai SIPG FC

Chinese auto manufacturer SAIC Motor has announced a strategic partnership with one of the country’s leading sports teams, Shanghai SIPG Football Club, it was announced on Dec 28.

2016-4-14

SAIC Motor highlights Dubai Motor Show 2015

The Shanghai Automotive Industry Corp (SAIC) displayed its MG and Maxus at the Dubai Motor Show 2015 held on Nov 10.

2015-11-30

SAIC Motor offers non-public share offering plan to boost innovation

The SAIC Motor (stock code: 600104) unveiled a non-public share offering plan on Nov 6 to issue no more than 964 million shares to 10 special investors from the Shanghai Automotive Industry Corp and its core staff members.

2015-11-30

SAIC partners with Alibaba and sets up venture capital in Silicon Valley

As a strategic partner of the Pujiang Innovation Forum, which held in late October, Shanghai Automative Industry Corporation (SAIC) Motor Corp displayed its Roewe 950 fuel cell sedan and Maxus EG10 pure electric multi-purpose vehicle at an exhibition organized on the sidelines of the forum. Roewe, Maxus and Sunwin also provided services to the event.

2015-11-9

SAIC Motor, Shanghai’s Huangpu district sign deal to promote new energy cars

SAIC Motor Corp and Shanghai’s Huangpu district will promote new energy vehicles as part of a concerted effort to build Huangpu into a green low-carbon district, according to an agreement signed in East China metropolis on October 28.

2015-11-9

SAIC, PetroChina tie-up to shape innovative motor life

SAIC Motor Corp and PetroChina Company Ltd signed an agreement on October 9 in Beijing to upgrade their existing collaboration and tap new business opportunities in the “Internet-plus” era.

2015-11-9

SAIC net profits up in spite of the downturn

The SAIC Motor Corp reported revenues up 1.13 percent, to 323.6 billion yuan ($51.07 billion) in the first half of 2015, from the same period of last year, in a semi-annual filing, on Aug 28, in spite of the serious challenges of the economic downturn, and net profits of 14.2 billion yuan, up 4.36 percent year-on-year,.

2015-11-9

SAIC ranks 10th position on China’s Top 500 Enterprises list

Registering 630 billion yuan ($99.43 billion) in sales revenue in 2014, SAIC Motor Corp took the 10th place on the rankings of China’s Top 500 Enterprises list released by the China Enterprise Confederation/China Enterprise Directors Association (CEC/CEDA) recently.

2015-11-9

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