SAIC Motor's (SHSE:600104) Earnings Have Declined Over Five Years, Contributing to Shareholders 34% Loss

Simply Wall StSep 27 03:59 ET

Express News | SAIC-GM: Offers Time-Limited Discounts of up to 26% for Buick Envision Plus Crossover

ReutersSep 23 22:37 ET

In August, new car sales in the European Union hit a three-year low, with pure electric vehicles dropping by 43.9% and Tesla decreasing by 43.2%.

Data released by the European Automobile Manufacturers' Association (ACEA) on Thursday showed that due to double-digit declines in major markets such as Germany, France, and Italy, new car sales in the European Union fell by 18.3% in August, reaching the lowest level in three years. Among them, sales of pure electric vehicles dropped by 43.9%, declining for the fourth consecutive month, with sales in Germany and France, the EU's largest electric vehicle markets, falling by 68.8% and 33.1% respectively. Sales of plug-in hybrid cars decreased by 22.3%, while sales of hybrid cars increased by 6.6%, reaching a market share of 31.3%. Europe's car sales have been much lower than before the COVID-19 pandemic.

Global market reportSep 19 02:21 ET

Market Chatter: Volkswagen-SAIC JV to Stop Production at Chinese Plant

MT NewswiresSep 18 22:49 ET

Market Chatter: SAIC-Audi Tie-Up to Present Prototype Concept Car by Year-End

MT NewswiresSep 17 00:32 ET

saic motor corporation (600104.SH): The intelligent IM AD has been upgraded across the board to a large-scale model 'High-precision map NOA'.

On September 13th, SAIC Motor Corporation (600104.SH) stated on its interactive platform that Asia Vets Auto has deep cooperation with Momenta to jointly develop the IM AD intelligent driving system. Currently, Asia Vets Auto's urban NOA covers a total of 69 cities nationwide. At the same time, Asia Vets IM AD has upgraded its end-to-end large model 'Go High-Precision Map NOA' and will be launched nationwide within this year.

Gelonghui FinanceSep 13 05:48 ET