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SAIC GENERAL MOTORS
Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assetsGeneral Motors is taking a $5 billion hit due to losses in its Chinese joint ventures. The company will write down assets and restructure, ...04 Dec, 2024, 05.34 PM IST- Sajjan Jindal likely to acquire up to 48% in MG Motor India, make it an Indian companyAccording to the broad contours agreed upon so far, Jindal is likely to own 45-48% of MG Motor India, with dealers and Indian employees own...15 Jun, 2023, 11.00 AM IST
- General Motors invests $300 million in Chinese autonomous driving startup MomentaGM is also making vehicles with SAIC Motor, which has also invested in Momenta. Momenta, which holds a permit for gathering high-definition...23 Sep, 2021, 11.26 AM IST
- Hyundai slips to 6th place in global electric vehicle market in 2021 1st halfThe automaker's global EV sales jumped 75.6 percent on-year to 51,300 units in the first six months of the year, but its market share fell ...23 Aug, 2021, 10.10 AM IST
- MG Motor in talks for contract manufacturing with VW India, M&M-FordThe source added that “in all likelihood, chances of a deal with the VW Group look stronger in view of the existing robust relations” betwe...07 Oct, 2020, 08.59 AM IST
- We are here to disrupt the Indian auto market: Rajeev Chaba, President & MD, MG MotorA subsidiary of the $128-bn Chinese giant, the firm is busy plotting an aggressive growth path in India.28 Jul, 2019, 09.37 AM IST
- MG Motor India to launch SUV Hector by middle of this yearThe MG Hector will go in to production in the second quarter of 2019 at the company's manufacturing facility at Halol, Gujarat, MG Motor In...09 Jan, 2019, 01.22 PM IST
- MG Motor to drive in electric SUV in India by first half of 2020The company, also plans to launch a mid-sized SUV with petrol and diesel powertrains in the second quarter of 2019.15 Oct, 2018, 01.48 PM IST
- General Motors India-SAIC deal gets Competition Commission's nodThe Chinese company, which has been planning to enter the Indian market, has proposed to buy certain assets of GM's India's Halol plant in ...19 Jan, 2017, 10.34 PM IST
- General Motors to recall over two million cars due to flawed engine in ChinaCaixin reported, "the recall was the largest in China so far this year." It affects Buick vehicles made between 2009-2015 and Chevrolet car...27 May, 2016, 12.27 PM IST
- General Motors cuts vehicle prices on 40 models in ChinaGeneral Motors Co has cut vehicle prices in China after sales fell last month in the world's largest automotive market.12 May, 2015, 10.37 PM IST
- China JV of General Motors recalls 1.4 million carsShanghai General Motors, GM's passenger-car venture with SAIC Motor Corp, is recalling 1.22 million Buick Excelle and 243,297 Chevrolet Sai...31 Dec, 2013, 06.25 AM IST
- China's SAIC buys stake in General MotorsGeneral Motors on Thursday confirmed China's leading automaker SAIC Motor Corp had agreed to buy a stake in the US auto giant, as it prepar...18 Nov, 2010, 04.47 PM IST
- GM first foreign carmaker to sell two million units in ChinaGeneral Motors said on Thursday it had become the first international carmaker to sell two million vehicles in a year in China, now the wor...04 Nov, 2010, 11.06 AM IST
- GM breaks ground on China hi-tech car labUS auto giant General Motors broke ground in Shanghai on Monday on a research facility that will develop electric cars, lightweight materia...19 Jul, 2010, 02.15 PM IST
- China's BAIC confirms failed bid for GM's OpelChina's Beijing Automotive Industry Holding (BAIC) said intellectual property rights concerns were to blame for its failure to reach agreem...24 Jul, 2009, 02.59 PM IST
- SAIC Motor merger with Nanjing Auto aimed at global marketsThe merger of two of China's state-run auto makers comes as its domestic market booms and as the quickly accelerating nation gears up to co...30 Dec, 2007, 09.00 AM IST
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