SAIC unveils share buyback plan of up to RMB 3 billion after tepid stock performance
By Thursday's close, the company's shares were down 12 percent this year. BYD, by comparison, rose 40 percent in the same period.
SAIC sold over 70,000 NEVs in Aug, up 171% from a year earlier
SAIC passenger vehicle branch's Roewe, MG and R brand sold more than 17,000 NEVs combined in August, up 390 percent year-on-year.
SAIC says it sold over 280,000 NEVs in H1, up over 400% from a year earlier
SAIC sold about 260,000 units overseas in the first half, up nearly 100 percent year-over-year, the company said.
SAIC ups its bet on smart driving for commercial vehicles
A wave of autonomous driving is sweeping China's auto industry, and commercial vehicles are being included.
SAIC reports revenue of $55 billion in H1, up 30% year-over-year
SAIC's first-half net profit attributable to shareholders of the listed company was RMB 13.31 billion, up 58.61 percent year-over-year.
Rumors say BYD will buy SAIC’s passenger car business, the latter denies
SAIC was questioned how BYD's market value is close to RMB 1 trillion ($154.38 billion) while SAIC's market value is only RMB 200 billion.
SAIC sold 352,546 vehicles in July, down 23 percent from a year ago
SAIC Group's car sales in July were 352,546 units, down 22.95 percent from 457,558 units a year ago, according to data released by the…
SAIC partners with OPPO to improve in-vehicle user interaction
SAIC Group, China's largest local automaker, and smartphone giant OPPO signed a cooperation agreement on August 5, aiming to bring the cell…
SAIC says its new energy passenger vehicle sales exceeded 10,000 for fifth consecutive month
SAIC passenger car sales in July were nearly 70,000 units, up 17 percent year-over-year, and cumulative sales from January to July were up 54…
SAIC-GM-Wuling, Xiaomi partner on ‘Internet ecology’
SAIC said it will actively build a new industrial ecology with several Internet companies through cross-industry cooperation.