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...
21 May, 2026, 11.24 AM IST
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...
27 Apr, 2026, 01.08 PM IST
China hits food delivery platforms with 3.6 bln yuan fine for 'ghost' deliveriesChina has imposed hefty fines on seven major e-commerce platforms for serious food safety breaches. Companies like Taobao, Meituan, Pinduod...
17 Apr, 2026, 05.00 PM IST
Audi, SAIC will jointly develop future models under new China brandAudi and SAIC are strengthening their collaboration for upcoming electric vehicle models in China. They will also establish a new innovatio...
17 Apr, 2026, 01.24 PM IST
Dubai Air Show 2025: 'India is a strategic priority for us,' says US tech firm SAIC's top officerUS firm SAIC sees India as a key growth market. The company is exploring investments and partnerships to boost India's aviation sector. SAI...
21 Nov, 2025, 09.59 AM IST
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...
18 Sep, 2025, 01.38 PM IST
Volkswagen to exit Xinjiang operation with sales of local plant, test track: SourcesVolkswagen is leaving its Xinjiang plant. The plant will be sold to Shanghai Motor Vehicle Inspection Certification. Volkswagen's partnersh...
27 Nov, 2024, 01.46 PM IST
Volkswagen and JV partner SAIC plan to close China plant, Bloomberg reportsVolkswagen and its Chinese partner SAIC plan to close at least one plant in China due to slow demand for combustion engine cars. The Nanjin...
18 Sep, 2024, 06.54 PM IST
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...
22 Jul, 2024, 01.54 PM IST
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,...
08 Apr, 2024, 07.45 AM IST
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...
01 Dec, 2023, 06.36 AM IST
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...
01 Dec, 2023, 01.07 AM IST
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...
07 Sep, 2023, 06.19 AM 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
- China's SAIC buys stake in General Motors
General 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
- SAIC to fund own-brand vehicles
SAIC 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...
24 Jun, 2010, 06.21 PM IST
- SAIC Motor merger with Nanjing Auto aimed at global markets
The 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