SAIC Motor ranks 39th among Fortune Global 500
The 2019 Fortune Global 500 Companies list was announced on July 22. Chinese auto maker SAIC Motor took the 39th spot on the list with consolidated sales revenue of over $136.39 billion in 2018.
World’s top H2 station launched in Shanghai
SAIC Motor and Shanghai Chemical Industrial Park jointly launched a hydrogen fuel cell car refueling station on June 5, which is currently the largest and highest-level of its kind in the world.
MG Cars rolled off SAIC Motor’s Indian base
SAIC Motor’s vehicle production base in India, the company’s third overseas automobile manufacturing base, started operation on April 29.
MG, MAXUS coordinate on brand and product development in Thailand
MG V80, a new car model developed by SAIC Motor-CP Co, a joint venture between SAIC Motor and C.P.
SAIC Motor to hit $5.3b in net profit in 2018
SAIC Motor Corporation Limited (SAIC Motor for short) released a review of its annual performance in 2018 on Jan 31, 2019...
SAIC Motor sells 7.05m vehicles in 2018
The domestic auto market was hit by negative growth in 2018, the first time in 28 years, with even a double-digit decline in the fourth quarter.
SAIC Motor, Huawei cooperate in smart internet connection
SAIC Motor Corporation Limited (SAIC Motor for short) signed a strategic cooperative agreement with Huawei Technologies Co (Huawei for short) on Dec 21, 2018, a further step in their cooperation after they announced their joint promotion of 5G Internet of Vehicles technologies last year.
SAIC Motor honored top 10 Chinese listed co for 3 consecutive years
SAIC Motor Corporation Limited (SAIC Motor for short) was honored as a “CCTV Top 10 Chinese Listed Company” at the 2018 CCTV Financial Forum and Chinese Listed Companies Summit held on Dec 12 in Beijing.
SAIC Motor launches new mobility service brand
SAIC Motor Corporation Limited (SAIC Motor for short) announced on Nov 12 that it would launch a new mobility service brand, Xiangdao Chuxing, to explore the online car-hailing market as a strategic move in pursuing the auto-sharing trend and advancing its innovation and transformation.
SAIC Motor cooperates with China Mobile to create first mass-produced 5G internet vehicle
SAIC Motor Corporation Limited (SAIC Motor for short) signed an agreement with China Mobile Communications Corporation (China Mobile for short) on Nov 6, 2018...
World’s first mass-produced smart car of SAIC Motor goes on market and fulfills first delivery order
SAIC Roewe Marvel X, a smart internet-based power-driven super SUV, went on the market at Shanghai Expo Park on Sept 30, and the first 500 units of the car were delivered to clients.
SAIC Roewe Marvel X wins gold award for innovation at CIIF
The 20th China International Industry Fair (CIIF) opened on Sept 19, 2018.
Chen Zhixin: Intelligent connected vehicles are more than being smart
At the opening ceremony of the 2018 World Intelligent Connected Vehicles Conference held on Sept 18, 2018, Chen Zhixin, president of SAIC Motor Corporation Limited (SAIC Motor for short) shared...
SAIC Motor delivers over 1,000 cars for pickup of CIIE guests
The Delivery Ceremony of Cars for Picking up Guests to the China International Import Expo (CIIE) was held at the Shanghai Exhibition Center on Sept 17, 2018.
Banma Network becomes unicorn company after first financing round
Banma Network Technology Co, the world’s largest solution provider for internet-based cars, raised over 1.6 billion yuan ($237 million) in its first financing round on Sept 13, 2018.
SAIC Motor announces outstanding results for H1
SAIC Motor Corporation Limited (SAIC Motor for short) released its 2018 half-year financial report on Aug 31.
SAIC Motor up to 36th in Fortune Global 500 companies list
The 2018 Fortune Global 500 companies list was announced on the evening of July 19, Beijing Time, among which the SAIC Motor Corporation Limited (SAIC Motor for short) leaped to 36th...
SAIC Motor teams up with CSL to promote brands
SAIC Motor Corporation Limited (SAIC Motor) has become a senior official partner of the Chinese Super League (CSL) for the 2018 season...
SAIC Motor builds Chinese auto industry’s first AI lab
The SAIC Motor Artificial Intelligent Laboratory, the first one of its kind in China’s auto industry, was inaugurated in Shanghai on June 29.
SAIC Motor shines at Beijing exhibition
SAIC Motor presented some 100 new vehicle models to the public at the 2018 Beijing International Automotive Exhibition on April 25.
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