Express News | Mg Will Not Change Prices in Italy on Its Car Line-up for the Moment Following EU Decision on Chinese Evs Tariffs, Italy Country Manager Says
Zhejiang Founder Motor (002196.SZ): Among the current mass-produced customers of the company, SAIC Motor Corporation, SAIC-GM-Wuling Automobile, and Great Wall Motor are all traditional mainframe factories.
On July 1st, Gelunhui reported that Zhejiang Founder Motor (002196.SZ) stated on the investor interactive platform that among the company's existing mass-produced customers are traditional manufacturers such as SAIC Motor Corporation, SAIC-GM Wuling, and Great Wall Motors.
Fulda's Growth IPO has been "terminated (withdrawn)", providing well-known domestic and foreign car companies with products such as automotive intelligent optoelectronic systems.
The Felda growth IPO has been terminated (withdrawn).
Market Chatter: SAIC Motor, Volkswagen to Jointly Develop NEVs
SAIC Motor (SHA:600104) and Germany's Volkswagen will collaborate on developing three plug-in hybrid cars and two pure electric vehicles, Xinhua News Agency reported Thursday. The development is part
Express News | China's SAIC Volkswagen: Agreements Include Cooperation on Three Plug-in Hybrid Models, Two Pure Electric Models in China
Express News | China's SAIC Volkswagen: SAIC Motor, Volkswagen and Their Units Signed New Energy Technology Cooperation Agreements, New Cars Expected to Be Launched From 2026
From January to May, the top ten companies in automobile sales sold a total of 9.754 million vehicles, according to the China Association of Automobile Manufacturers.
According to the statistics and analysis of the China Association of Automobile Manufacturers obtained by the Wise Finance app, in May 2024, the top ten automobile sales companies (groups) sold a total of 9.754 million vehicles, accounting for 84.9% of the total automobile sales. Among the top ten companies, compared with the same period last year, SAIC Motor Corporation (600104.SH), BAIC Group and other companies have seen varying degrees of decline in sales, while other enterprises have seen varying degrees of growth in sales. Among them, Chery Holding has the most significant increase in speed. According to the statistics and analysis of the China Association of Automobile Manufacturers, the top ten sedan production companies in terms of sales have sold a total of 2.806 million vehicles from January to May 2024.
We Think SAIC Motor (SHSE:600104) Is Taking Some Risk With Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' It's only n
East money information: the development of intelligent networked autos and road-cloud integration is accelerating, and the market space is vast.
With the support of policies, the integration project of intelligent connected vehicles and the cloud platform is accelerating its implementation.
Express News | Catl Unit and Other Firms Buy Stakes in Chinese Automaker IM Motors - Chinese Company Information Database Tianyancha
Is the “top automotive company” about to fall from its throne?
After 18 years of being the leader of domestic auto companies, SAIC Motor Corporation's throne is about to be challenged. Recently, the sales figures for May have been released by automakers, with SAIC Motor Corporation holding the top spot with wholesale sales of 332,000 vehicles. However, the challengers are already at the doorstep, with BYD Company Limited following closely behind with a slight gap (330,500 vehicles). This new energy 'tyrant' is still attacking fiercely, and institutions predict that it is likely to surpass SAIC Motor Corporation in many aspects in the second quarter. A new king is about to be born, and the history of the domestic auto industry dominated by joint ventures will be rewritten, leaving little room for SAIC to retreat. However, SAIC Motor Corporation is not willing to accept this. Since last year, this top automaker has been hitting the accelerator.
EU to Slap Further Tariffs on Chinese EVs Following Anti-Subsidy Probe
The European Commission will impose additional tariffs of as high as 38.1% on Chinese electric vehicles following an anti-subsidy investigation, according to a decision by the commission released Wedn
Express News | Shares of SAIC Motor Set to Open Down 1% After EU Announces Extra Tariffs on Chinese Evs
saic motor corporation (600104.SH): Completes repurchase and actually repurchases 0.6081% of the company's shares.
SAIC Motor Corporation (600104.SH) announced on June 12 that on June 11, 2024, the company completed the repurchase and actually repurchased a total of 70.3883 million shares of the company through centralized bidding trading, accounting for 0.6081% of the total share capital of the company. The highest repurchase price was RMB 15.29 per share, and the lowest repurchase price was RMB 13.03 per share, with an average repurchase price of RMB 14.21 per share. The total amount of funds used was RMB 1,000,088,308.80 (excluding transaction fees). As of June 11, 2024, the company
Express News | Faw-VW, SAIC-VW Sold a Combined 207,742 Passenger Vehicles in China in May- China Auto Industry Body Cpca
SAIC Motor's Production, Sales Decline in May
SAIC Motor's (SHA:600104) production slid 17% to 327,681 units in May from 393,566 in the year-ago period, while sales also declined 17% to 332,246 units from 400,799 in the year-ago period, according
SAIC Motor Corporation May 2024 Production and Sales Report
Express News | SAIC Motor Says May Vehicle Sales Down 17.1% Y/Y at 332,246 Units
Tongxingbao (301339.SZ): In the front-loading market, established business cooperation relationships with 14 host factories including SAIC Motor Corporation and Fuyao Glass.
On June 6th, Gelunhui reported that Tongxingbao (301339.SZ) stated on the investor platform that it has established business partnerships with 14 automakers including SAIC Motor Corporation, Chongqing Changan Automobile, Geely Auto, Tesla, NIO Inc, Yueda Kia, and Jaguar Land Rover, as well as Fuyao Glass in the front-loading market.
Market Chatter: China Approves Applications to Nine Auto Makers for Public Self-Driving Trials
China's Ministry of Industry and Information Technology approved plans by nine automobile makers for the testing of self-driving vehicles on public roads, according to a statement by the ministry on W
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