“MPV Brother” joins the new energy battle
Reclaim lost ground.
Chinese Commercial Vehicle Sales Rise 10% in Q1
Chinese commercial vehicle sales jumped 10% to more than 1 million in the first quarter, Xinhua News Agency reported Sunday, citing the China Association of Automobile Manufacturers.
China Automobile Association: The top ten automobile sales companies in January-March sold a total of 5.689 million vehicles, accounting for 84.7% of total automobile sales
From January to March 2024, the top ten automobile sales companies (groups) sold a total of 5.689 million vehicles, accounting for 84.7% of total automobile sales.
GF Securities: Significant flexibility in demand growth in exchange is expected to become a new driving force for total passenger car growth in the next phase
Demand for swaps will grow significantly in the next few years, and it is expected to become a new driving force for total volume growth in the next phase.
Market Chatter: SAIC-GM-Wuling JV's Exports Surge 48% in Q1
The SAIC Motor (SHA:600104)-General Motors-Liuzhou Wuling Motors joint venture's vehicle exports jumped 48% to 49,330 units in the first quarter, Xinhua News Agency reported Friday. For March alone, e
Sales of Chinese Passenger Vehicle Brands Jump 26% in Q1
Sales of Chinese passenger vehicles jumped 26.4% to 3.4 million in the first quarter, Xinhua News Agency reported Sunday, citing the China Association of Automobile Manufacturers.
SAIC Motor Group (600104.SH): Indirectly holds 15.29% of Qingtao Energy's shares
Gelonghui, April 12: SAIC Motor Group (600104.SH) said on an interactive platform that SAIC Motor Group (stock code 600104) indirectly holds 15.29% of Qingtao Energy's shares.
Automakers' Share of China NEV Market in Mar: BYD Tops With 36.6%, Tesla 2nd With 8.8%
In the January-March period, BYD was No. 1 with a 33.1 percent share, while Tesla was No. 3 with a 7.5 percent share. The post Automakers' share of China NEV market in Mar: BYD tops with 36.6%, Tesla 2nd with 8.8% appeared first on CnEVPost. For more articles, please visit CnEVPost.
SAIC has solved India's dilemma
Author | Zhou Zhiyu The Indian market is a popular place for global car companies to invest and build factories, but very few can stand firm in the local market. SAIC Motor Group, on the other hand, wanted to eat this tempting piece of “cake.” SAIC Motor Group announced on April 7 that it has received 26.5 billion rupees of equity transfer payments from Indian steel giant JSW Group. This means that its cooperation in introducing local investors in India has been implemented, and SAIC Motor can also make a net profit of at least 5 billion yuan through transactions. As cooperation was further implemented, SAIC Motor did not lose control of its Indian subsidiary. SAIC has cleverly adopted voting rights arrangements to maintain itself and is still the largest of MG India
SAIC Motor's MG Motor Unit to Get New Investors in India
Several investors subscribed for 51% of SAIC Motor's (SHA:600104) unit, MG Motor India, as the Chinese automotive group seeks to expand its market in India, according to the company's filing on the Sh
MGI, a subsidiary of SAIC Motor Group (600104.SH), plans to introduce Indian giants JSW Group and others to seize opportunities in the Indian market
SAIC Motor Group (600104.SH) issued an announcement to further promote the company's international business strategy and seize the Indian market...
SAIC Motor's (SHSE:600104) Weak Earnings May Only Reveal A Part Of The Whole Picture
The subdued market reaction suggests that SAIC Motor Corporation Limited's (SHSE:600104) recent earnings didn't contain any surprises. We think that investors are worried about some weaknesses underl
SAIC Motor Corporation Limited Just Missed EPS By 5.8%: Here's What Analysts Think Will Happen Next
SAIC Motor Corporation Limited (SHSE:600104) came out with its yearly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company followin
Market Chatter: SAIC Motor Plans Staff Cuts in 2023
SAIC Motor (SHA:600104) plans to reduce thousands of staff at its joint venture companies with General Motors and Volkswagen, as well as at a subsidiary, Reuters reported April 1, citing insiders. The
SAIC Motor Group (600104.SH) has repurchased a total of 25.82 million shares at a cost of 351 million yuan
Zhitong Finance App News, SAIC Motor Group (600104.SH) announced that as of March 31, 2024, the company had repurchased a total of 258.216 million shares, accounting for 0.2231% of the company's total share capital. The highest purchase price was 15.00 yuan/share, the lowest price was 1,03 yuan/share, and the total amount paid was 351 million yuan (excluding transaction fees).
Horizon submitted A1, customers included the top ten domestic OEMs, and revenue and gross profit continued to grow
Revenue and gross profit have more than tripled in three years, and gross margin has stabilized at around 70%
Robots (300024.SZ): Customers in the automotive sector such as GM, SAIC Motor Group, Tesla, BYD, etc.
Gelonghui, March 27 | Robotics (300024.SZ) said on the investor interactive platform that the company is mainly engaged in robotics industry chain-related business, covering core robot components, robot bodies to robot system solutions, which can provide overall solutions for many industries such as new energy vehicles, semiconductors, lithium batteries, electronics, photovoltaics, aerospace and medical care. We have customers in the automotive sector such as GM, SAIC Motor Group, Tesla, and BYD.
Market Chatter: SAIC Motor's Independent EV Brand Denies Merger Talks
SAIC Motor's (SHA:600104) independent premium electric vehicle brand, Rising Auto, debunked rumors that it will be integrated into a subsidiary of Chinese auto giant, Yicai Global reported March 18, c
China Automobile Association: The top ten automobile sales companies in January-February sold a total of 3.395 million vehicles, accounting for 84.3% of total automobile sales
From January to February 2024, the top ten automobile sales companies (groups) sold a total of 3.395 million vehicles, accounting for 84.3% of total automobile sales.
Returns On Capital Signal Tricky Times Ahead For SAIC Motor (SHSE:600104)
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns ea
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