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SHANGHAI BASED SAIC
Tesla’s China troubles deepen as GigaShanghai sales slump for 7th month straight, hitting lowest levels since COVID lockdownsTesla faces challenges in the Chinese market. Sales in China declined in April, marking the seventh consecutive monthly drop. Competition f...- Audi's new China EV series won't have signature four-ring logo, sources sayAudi's new electric car series in China won't feature its iconic logo, focusing instead on brand image and local tech partnerships with SAI...
- MG Motor to recast dealer network ahead of deal with Sajjan Jindal CoMG Motor India is planning to revamp its dealership network by closing underperforming dealerships and opening new ones in different locati...
- China's central bank upbeat on Q2 GDP growthAs rising interests rates and inflation squeeze demand in the United States and Europe, China's core CPI has been soft and factory gate pri...
- Alibaba-backed autonomous car firm AutoX to test in four more citiesAutomakers and technology firms are investing billions of dollars in autonomous driving, aiming to take an early lead in what many consider...
- Jack Ma offers China’s answer to Apple, Google with web carBillionaire Jack Ma is taking the challenge to Apple Inc. and Google by pushing Alibaba Group Holding Ltd. into the car business.
- Tesla Motors picks China over India to set up manufacturing baseShanghai has emerged as the front-runner to become the production base for Tesla in an investment that may be valued at about $9 billion.
- 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...
- 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...
- GM aims to cross 1-lakh unit sale in 2010;to have 300 dealersGM India today set a target of crossing the one-lakh-mark sales figure this year and said that it would expand the dealerships to 300.
- China ends US' reign as largest auto marketChina supplanted the US as the world’s largest auto market after its 2009 vehicle sales jumped 46%, ending more than a century of American ...
- 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...
- GM's China sales surge 50 pct to monthly recordGeneral Motors said on Tuesday that sales in China soared 50 per cent in April to a monthly record of 151,084 vehicles, thanks to strong de...
- GM says to expand in China despite US woesDealing with the crisis at General Motors kept new CEO Fritz Henderson from traveling to Shanghai's auto show, but executives say the compa...
- Troubled GM says it is profitable in China, will continue to investTroubled General Motors said Wednesday that it was making money in China and was continuing its investments in the large Asian market.
- 'Fiat to build diesel engine plant in China'Italian automaker Fiat has agreed to set up a light diesel engine plant with total investment of 1.8 billion yuan (263 million dollars) in ...
- China 2007 vehicle sales rise 19 per cent, top 1 million: GMGeneral Motors Corp said Thursday that strong demand helped push its 2007 sales in China to 1.03 million vehicles, up 19 per cent from 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...
- GM signs $800 mn China export dealThe deal includes the Buick branded sports utility vehicle, known as the Enclave in the US, which will be imported by Shanghai GM.
- Shanghai Auto to buy Rover brand from BMWThe famous Rover brand name is to be sold to Chinese auto maker Shanghai Automotive Industry (SAIC) for just over £11m (e16m, $21m), the Fi...
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