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SAIC MOTOR CORP.
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...
- 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,...
- 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 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...
- India to clear 45 investments from China, likely to include Great Wall, SAIC: SourcesAbout 150 investment proposals from China worth more than $2 billion were stuck in the pipeline. Companies from Japan and the US routing in...
- MG Motor eyes 30% market share of EV car market this yearThe carmaker is also in talks with various potential partners to manufacture the EV battery in India, with an eye on launching an additiona...
- GM warns Maharashtra government's move to block its exit could hit investmentGM stopped selling cars in India, the world's second most populous nation, at the end of 2017 after years of low sales. It sold one of its ...
- China's car production may face disruptions due to pandemic-induced chip shortage, says VWThe pandemic has hit auto and auto parts production globally, and car-making in China, the world's biggest auto market, relies heavily on i...
- MG Motor reports best ever monthly sales of 4,163 units in NovemberThe automaker, a wholly-owned arm of China's SAIC Motor Corp, sold 4,163 units last month, up 28.5 per cent as compared to 3,239 in Novembe...
- 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...
- 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.
- Kia Motors plans India push with small cars after China, US sales dipAbout a dozen companies already make small hatchbacks in India where profit margins are relatively low, a key factor that led General Motor...
- 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 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...
- 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 to fund own-brand vehiclesSAIC Motor Corp, China's top automaker, said on Thursday it will raise up to 10 billion yuan ($1.5 billion) through a share placement large...
- Ssangyong may produce SUV in China in H2Ssangyong Motor Co <003620.KS> may start production of a sports utility vehicle (SUV) in China in the second half of 2008 as it expects the...
- 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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