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SAIC MOTOR
China's SAIC to sell another 10% stake in Indian car venture to local partner JSW - sourcesChina's SAIC Motor is selling an additional 10% stake in its Indian car venture, JSW MG Motor, to local partner JSW Group. This move will e...- MG Majestor launched: Check price, booking amount, interior features, engine, offers and other key specsJSW MG Motor India has launched its new 'Majestor' SUV, India's first D+ SUV, starting at Rs 40.99 Lakhs. The vehicle boasts a twin-turbo d...
- Uber, JSW Group tie up to deploy EVs in India's ride-hailing marketUber has allied with JSW Group to spearhead a new era of electric mobility in India, focusing on enhancing the ride-hailing experience thro...
- JSW Motors ties up Rs 8,000 crore funding from India’s top bankJSW Motors, part of Sajjan Jindal's business empire, has secured a significant 80 billion rupee funding line. This financial boost from Sta...
- JSW Motors plans to open own showrooms before India car debutJSW Motors is preparing to launch company-owned showrooms across India ahead of its first vehicle debut later this year. The conglomerate a...
- China's SAIC to cut stake in India car venture with JSW amid investment curbs, sources saySAIC Motor plans to reduce its stake in its Indian joint venture, JSW MG Motor, and halt further investments. Despite efforts to improve re...
- JSW MG Motor names 1st electric CUV as MG WindsorJSW MG Motor India has announced that its first electric CUV (Crossover Utility Vehicle) will be named the MG Windsor. This follows a joint...
- China's SAIC Motor files defence to EU's preliminary EV anti-subsidy rulingSAIC Motor defended itself against the EU's ruling, stating the EV probe involved commercially sensitive information beyond the normal scop...
- SAIC's MG Motor India plans to bring in Indian investors including JSWSAIC Motor's MG Motor India to attract investors for market expansion and risk prevention. JSW Ventures, IndoEdge India Fund, dealer trust,...
- JSW, SAIC ink JV to run MG Motor operations in India"Our strategic collaboration with SAIC Motor aims to grow and transform the MG Motor operations in India with a focus on green mobility sol...
- JSW, China's SAIC form new India venture for green mobilitySAIC already has a presence in India through its fully owned unit MG Motor India but has struggled to grow its presence in the country afte...
- JSW Group to acquire 35% stake in MG Motor IndiaAs per the agreement reached between the two companies, JSW Group will acquire 35% stake in SAIC’s Indian subsidiary MG Motor India for an ...
- Sajjan Jindal, SAIC set to drive MG Motor in India, finalises terms of agreementSajjan Jindal's private company to take up to 35% stake initially with option to go up to 49% and then 51% post IPO; Chinese ownership to f...
- Chinese automaker SAIC looks at local co-drivers to navigate India marketThe company didn't comment when asked about the prospect of an alliance with JSW Group. ET reported in its June 14 edition that a private c...
- MG Motor India expects EVs to make up 25% of sales in 2023MG Motor plans to raise funds to develop its Indian electric mobility business amid increased scrutiny of Chinese investments by New Delhi....
- MG Motor India plans to raise $500 m locally in capex pushThe maker of the Hector and Astor SUVs is seeking to tap the local market because of a delay in getting government approval for new investm...
- MG Motor rolls out first SUV Hector from Halol in GujaratThe MG Motor India, which is a wholly-owned subsidiary of China's SAIC Motor Corp, is set to kick off its journey in the country with the l...
- 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 ...
- 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...
- 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...
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