Volkswagen ( VLKAY.PK ) will invest 12B yuan ($1.95B) in a plant in central China to be built with local partner SAIC Motor. The facility will have an annual output of 300K. Post your comment!
HONG KONG, May 8 (Reuters) - China shares extended their winning streak on Wednesday after robust April trade data, but finished off the day's highs, with SAIC Motor leading index gains after positive April sales.
Motors ( GM ) says sales in China rose 15% to 261,860 units in April. Broken up by the automaker's joint ventures, sales at SAIC Motor rose 29% to 121,559 units to offset a minor 0.3% decline to 5,124 units for FAW Group. (Previous: GM to invest
BEIJING, March 25 (Reuters) - SAIC Motor Corp, China's largest automaker by sales, reported an 11 percent rise in first-quarter earnings, on solid vehicle sales amid a recovering economy.
SHANGHAI, March 28 (Reuters) - SAIC Motor Corp Ltd , China's biggest automaker by sales, reported on Thursday a 2.6 percent rise in profit last year, its slowest growth since 2008, weighed down by a slowing economy and increasing competition from local rivals.
NEW YORK, March 26 (Reuters) - SAIC Inc : * Shares were up 2 percent after the bell following the release of its results
Good afternoon ladies and gentlemen, thank you for standing by. Welcome to the SAIC 's Fourth Quarter Fiscal Year 2013 Earnings Conference Call. During today's presentation all participants will be in a listen-only
NEW YORK, March 24 (Reuters) - Shares of SAIC , a government services provider, could be set for gains, with a planned spinoff expected to help its value despite uncertainty over defense-spending cuts, according to Barron's financial newspaper.
employee morale and relations with distributors; some skepticism remains; pg 26; see link below]; government services provider SAIC [ SAI ; upcoming spinoff of slow growth government IT business; pg 37]; 3 dividend-paying small-caps [ EPIQ, NWBI, FRED
faces a new and expanding threat: cybersecurity. Chances are this is not much of a surprise to you. Stuart Shea, the COO of SAIC mentioned at a recent event that cyber attacks are up 44% and there are more than 75 million pieces of malware on the net