SAIC

GM sales slump deepens in China even after price cuts

5:46 am U.S. ET | June 4, 2015

GM reported a second consecutive month of sales declines in China, its largest market, despite cutting prices on 40 models across its Buick, Chevrolet and Cadillac brands....
Read More »

VW, SAIC sign deal to build EVs, plug-in hybrids in China

June 4, 2015 12:02 CET

Volkswagen Group says it has signed a cooperation agreement with partner SAIC Motor Corp. to ensure the production and research and development of electric and plug-in hybrid cars in China. VW said over the next four years it plans to localize more than 15 different green models in China, that will include plug-ins and EVs....
Read More »

VW opens new China car plant despite slowing sales

May 26, 2015 10:51 CET

Volkswagen Group has expanded production in China with a new car plant despite slowing sales in the market. The $194 million factory can build up to 300,000 VW brand and Skoda vehicles a year....
Read More »

GM promotes former Opel engineer to Asian tech center chief

May 23, 2015 06:01 CET

General Motors named former Opel engineer Tobias Suenner as president of its technical center in Shanghai. Suenner moves to the role from his current job as GM's chief engineer for compact cars....
Read More »

Shanghai GM to spend $16 billion to boost China product portfolio, market share

6:19 pm U.S. ET | April 19, 2015

Shanghai GM, a joint venture between General Motors and China's SAIC, plans to spend $16 billion over the next five years developing new vehicles and to lift its Chinese market share....
Read More »

STEC, affiliate of China's SAIC, to open North American headquarters in Michigan

9:54 am U.S. ET | Dec. 1, 2014

Supplier STEC USA, an affiliate of China's SAIC Motor, will establish a new headquarters and a plant in an existing facility near Detroit that has been used mainly for sales and marketing....
Read More »

VW's talks to raise stake in its Chinese joint venture stall

Nov. 11, 2014 16:16 CET

Volkswagen's bid to increase its stake in a lucrative joint venture with Chinese partner FAW has stalled just as the German automaker is stepping up expansion in its biggest market, company sources said....
Read More »

VW to seek higher margins with China-only luxury sedan

Sept. 22, 2014 09:03 CET

VW Group will launch a VW-badged luxury sedan designed solely for China next year to help boost its margins, sources said. The move, however, could put VW brand in direct competition with its premium sibling, Audi....
Read More »

VW-SAIC joint venture names industry veteran as president

Sept. 12, 2014 16:30 CET

Shanghai Volkswagen Automotive, a joint venture between VW and SAIC Motor, hired veteran executive Chen Zhangxian as its new president. Shanghai VW operates five plants in China and sold 1.1 million VW and Skoda vehicles in the first eight months....
Read More »

Shanghai GM contacted by regulators as rivals pressured to cut prices

7:08 am U.S. ET | Aug. 12, 2014

General Motors said its joint venture in China was contacted by the nation’s antitrust regulator amid an industry investigation that has seen at least seven foreign carmakers cut prices....
Read More »

 
Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
Most Read