SAIC MOTOR CORPORATION A
SSE or SZSE Delayed Price. Currency in CNY
|Number of Shares||11.68B|
|Company Name||SAIC MOTOR CORPORATION A|
|MSCI Security Code||28576.01|
|Industry Group||Automobiles & Components|
- Oct 16 , 2018
BMW Strikes Fear Into China’s Auto Stocks With Plan to Take Majority Stake in JVBMW’s decision to become the first foreign carmaker to take a majority stake in its Chinese joint venture has sent shockwaves through the country’s car industry, with shares in auto firms reliant on foreign JV brands sent plunging on the news.
- Oct 9 , 2018
SAIC Stock Plummets After Its General Motors JV Recalls Over Three Million Cars in ChinaShares in state-owned Chinese carmaker SAIC Motor dived 9.8 percent yesterday after its joint venture with General Motors recalled more than three million vehicles -- the country’s largest ever auto recall.
- Oct 8 , 2018
SAIC-GM to Recall the Biggest Number of Cars in China This YearSAIC-GM to Recall the Biggest Number of Cars in China This Year
- Dec 19 , 2017
China’s Web Titans Lead EV InvestmentTelematics is the new trend in the auto industry, and electrified and simpler powertrain systems give new entrants in the market the opportunity to overtake the world’s major automakers by changing to the fast lane.
- Dec 12 , 2017
Kweichow Moutai, Midea Make CCTV’s List of Top Ten A-Share Companies for Second Year RunningState-owned broadcaster CCTV released rankings of the top 10 A-share-listed companies at a finance forum held on Dec. 12, naming those with the highest investment value.
- Dec 11 , 2017
SAIC Motor’s Thai JV Opens Factory For Production of MG CarsState-run car firm SAIC Motor Corp. [SHA:600104] has commissioned a USD1 billion factory in Thailand through its joint venture with industrial giant Chia Tai Group Co.
- Nov 20 , 2017
Year 2019 Will Be Critical for Home Car Brands, Says SAIC Motor Vice PresidentThe sales of the SAIC MG (Morris Garages) in the first 10 months of this year increased by 78 percent to 413,000 units, said Wang Xiaoqiu, vice president of SAIC Motor Corporation [SHA:600104] and general manager of SAIC Morris Garages. The year 2019 will be "tough" for all home brands, Wang said in an interview, indicating a “sense of crisis” in the industry.
- Nov 10 , 2017
General Motors and Ford Sign Major Deals in China During US President Trump’s State VisitAs part of a record USD253.5 billion worth of business and trade deals signed during US President Trump’s visit to China, SAIC General Motors Corporation Ltd. [SHA:600104] inked a USD22 billion auto parts deal with General Motors Co. [NYSE:GM] yesterday. Ford Motor (China) Ltd. also signed a cooperation agreement worth USD9.5 billion with its parent company Ford Motor Co. [NYSE:F] on import of automobiles and auto parts
- Oct 25 , 2017
Chinese Government Investigates Production Overcapacity in Domestic NEV IndustryThe Chinese government has started an investigation into purported overcapacity among domestic manufacturers of new-energy vehicles. The probe mainly involves reviewing the utilization of existing NEV production capacity, said one source familiar with the matter.
- Oct 20 , 2017
Car-Sharing Business EvCard Has Entered 32 Cities, SAIC Motor SaysChinese carmaker SAIC Motor Corp. [SHA:600104] said its new energy vehicle car-sharing business EvCard has entered 32 cities with more than 6,500 service outlets nationwide.
- Sep 29 , 2017
SAIC Motor Acquires Controlling Stake in High-Precision Navigation Data Firm for USD21.9 MillionLeading Chinese carmaker SAIC Motor Corp. [SHA:600104] will spend USD21.9 million (CNY146 million) to purchase a controlling stake in Wuhan Kotei Big Data Corp.
- Sep 28 , 2017
JD.com Develops Unmanned Vans in Cooperation With SAIC Maxus and Dongfeng MotorChina’s e-commerce giant JD.com Inc. [NASDAQ:JD] has developed unmanned vans through its cooperation agreements with SAIC Motor Corp.'s [SHA:600104] Maxus brand and Dongfeng Motor Group Co. [HKG:0489], specifically for the e-commerce sector, Changjiang News reported on Sept. 28.
- Aug 10 , 2017
Toyota’s Profit Outstrips China’s Six Major Automakers CombinedChina’s home-grown carmakers now claim an over 40-percent share of the domestic market, but they are still no match for major foreign players' profitability.
- Jul 24 , 2017
Audi, BMW, Benz Race to Top China’s Luxury Vehicle Sales ChartsAudi AG [FWB:NSU] has remained the best-selling luxury car brand in China, but two other leading German carmakers, Bayerische Motoren Werke AG [FWB:BMW] and Mercedes Benz, are poised to overtake Audi in the world’s largest automobile market.
- Jul 21 , 2017
One Month After A-Shares Inclusion Into MSCI, 70% of 222 Concept Stocks Rise, 20 Hit New HighIn the small hours of June 21, MSCI announced its decision to incorporate China’s A-shares into the MSCI Emerging Markets Index.