SHANGHAI (Reuters) - Shanghai GM, a joint venture between General Motors and China's SAIC Motor Corp , plans to spend 100 billion yuan ($16 billion) over the next five years developing new vehicles, Shanghai GM President Wang Yongqing said on Sunday.
SHANGHAI, April 19 (Reuters) - Shanghai GM, a joint venture between General Motors and China's SAIC Motor Corp , plans to spend 100 billion yuan ($16 billion) over the next five years developing new vehicles, Shanghai GM President Wang Yongqing said on Sunday.
March 12 (Reuters) - Chinese auto maker SAIC Motor Corp Ltd said on Thursday it would join forces with e-commerce giant Alibaba Group Holding Ltd to invest 1 billion yuan ($160 million) in a fund to develop Internet-connected cars.
March 12 (Reuters) - SAIC Motor Corp Ltd said e-commerce giant Alibaba Group Holding Ltd and the Chinese auto maker would invest 1 billion yuan ($160 million) in a fund to develop internet-connected cars.
marketplaces. Executive vice chairman Joe Tsai made a case that the SAIC report was flawed and based on an "arbitrary methodology" and noted that the company is preparing a formal complaint to the SAIC . Tsai also highlighted the stiff penalties for sellers of counterfeit
vehicle manufacturers, such as FAW Group, GAC Group, Chery, Dongfeng, Chang'an, Brilliance, Geely, Great Wall Motor, SAIC , Shanghai GM, and BAIC, with its clients accounting for 80% of the total auto makers in China. Shenzhen Inovance Technology
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
We are maintaining our fair value estimate for SAIC SAI after Wednesday's announcement of decent third-quarter ..... pressure on margins as a result of the impact of sequestration. SAIC reported a slight increase in revenue for the quarter which
what was not previously rumored was the inclusion of Ally's 40% interest in its Chinese joint venture with Chinese automaker SAIC . GM is already one of the top automakers in China and the Chinese market is still expected to grow considerably in the coming
(Reuters) - U.S. government IT contractor Science Applications International Corp ( SAIC ) said it planned to split into two independently traded companies to bid for more contracts which they cannot...