ChinaAutoWeb - Archive

SAIC MG3 Finally Arrives, Prices Starting at $10,630

March 27th, 2011 | Posted in New Cars | SAIC

The UK-designed, Chinese-built SAIC MG3 was released on March 27, available in four versions priced between 69,700 Yuan ($10,630) and 89,700 Yuan ($13,680). Four years in the making, the stylish subcompact is on a mission to save the money-losing MG division of SAIC by wining young hearts away from rivals like Suzuki Swift, Toyota Yaris, … Read more →

What Makes Shanghai-VW Lavida the Most Popular Car in China?

March 12th, 2011 | Posted in Marketing | SAIC | Volkswagen | VW

Released in June 2008, the Lavida sedan from the joint venture of SAIC and Volkswagen became the No. 1 selling passenger car in China last year with 251,615 deliveries, and retained its lead in the first two months of 2011. In the hotly contested market of the compacts, it outsold an assortment of able competitors: … Read more →

SAIC Unveils Commercial Vehicle Marque “Maxus Datong,” to Release the Chinese-Built “LDV Maxus” in H2 2011

March 1st, 2011 | Posted in New Cars | SAIC

We reported last August that SAIC was working on bringing back the LDV Maxus van (see SAIC to Resurrect LDV Maxus). In the past two months, two crucial steps have been taken towards that goal. First, SAIC officially opened its own commercial vehicle division, building on Shanghai Huizhong (SAIC already has a few joint ventures … Read more →

GM Successfully Increases SGMW Stake to 44%

January 21st, 2011 | Posted in GM | SAIC | SGMW

Fulfilling a deal reached last year, Wuling has transferred a 10% stake it held in SAIC-GM-Wuling (SGMW) to General Motors (GM) after the Chinese government gave go-ahead, as confirmed by both sides this week. The transaction increased GM’s holding in SGMW from 34% to 44%, giving it more say in running the largest microvan maker … Read more →

China Accounted for 1/3 of Global Sales of Volkswagen-brand Vehicles in 2010

Volkswagen AG (VOW.XE) reports today that consumers in mainland China and Hong Kong bought over 1.51 million Volkswagen-brand vehicles last year, 35% more than 2009, as global deliveries grew 14% to 4.5 million units. China Sales of vehicles of all the marques owned by Volkswagen AG gained 37% to 1.92 million units, including 227,938 Audis … Read more →

SAIC Sold Record 3.58 Million Vehicles in 2010

Shanghai Automotive Industry Co. (SAIC) reports today record annual sales of 3.58 million new vehicles for 2010, up 31.5% from 2009. The number includes 2.279 million passenger cars (up 41.9%) and 1.304 million commercial vehicles (up 16.6%). Deliveries of the brands it fully owns, including Roewe and MG, increased 77% to 160,000 units, but still … Read more →

2010 Sales of Shanghai-Volkswagen Topped 1 Million Units, Skoda 200,000

January 5th, 2011 | Posted in SAIC | Sales | Volkswagen | VW

Sales of Shanghai-VW, one of VW’s two main ventures in China, topped 1 million units in 2010, including over 800,000 VW-brand and 200,089 Skoda-brand cars. In 2009, the company sold 728,000 units, of which 600,000 are of the VW-brand, 123,456 of Skoda. The joint venture’s best selling model, Lavida, delivered about 250,000 units; the Tiguan … Read more →

GM’s China Sales Rose 28.8% to 2.35 Million Units in 2010

General Motors reports today its Chinese ventures sold 2,351,610 new vehicles in the domestic market in 2010, 28.8% more than 2009, making it the first foreign automaker to pass 2 million in annual China sales. GM builds and sells vehicles in China through three joint ventures: Shanghai-GM (for mainly Buick, Chevy, and Cadillac), SAIC-GM-Wuling (SGMW, … Read more →

Shanghai GM Unveils Chevrolet Sail EV Concept at the 2010 Guangzhou Auto Show

Just as promised in its "drive to green" roadmap for the next five years (see Shanghai GM Sets 2015 "Drive to Green" Goals), Shanghai GM unveiled an all-electric version of the Chevrolet Sail subcompact before the year-end at the 2010 Guangzhou Auto Show held between Dec 20 and Dec. 27. Displayed alongside the Volt plug-in … Read more →

NAVECO Sales Top 110,000 in 2010, Targets 300,000 for 2015

December 28th, 2010 | Posted in Fiat | SAIC | Sales

NAVECO （Nanjing IVECO）, the joint venture of Nanjing Auto (a subsidiary of Shanghai Automotive Industry Co., or SAIC) and Italy’s IVECO (a subsidiary of Fiat), announced last week at its "2011 Business Conference" that the company delivered more than 110,000 trucks and vans in 2010, 26.3% more than 2009. Based on the better-than-expected performance, it … Read more →

Shanghai-VW to Roll Out Skoda Yeti in 2013

Skoda Auto and Shanghai-Volkswagen jointly announced on Dec. 10 that the Chinese-built Yeti compact SUV will be launched in 2013. It will be the fourth Skoda model to roll out of Volkswagen’s Shanghai factory, following Octavia, Fabia and Superb. With a 2578mm wheelbase, Yeti shares the PQ35 platform with VW Tiguan, Skoda Superb, and VW … Read more →

CPCA: Nov. Passenger Vehicle Sales Jumped 27% to 1.28 Million, Shanghai-GM and -VW Continuing to Lead

China Passenger Car Association (CPCA) reports on Tuesday that consumers in mainland China bought 1,281,145 passenger vehicles last month, 10.5% more than October and 27% more than a year earlier. The number includes 888,870 sedans, 220,704 microvans, 129,962 SUVs, and 41,609 MPVs. SUV and MPV markets continued to outperform, gaining 77.3% and 50.9%, respectively, on … Read more →

Shanghai GM Unveils Revamped Buick GL8 MPV

November 28th, 2010 | Posted in Buick | GM | New Cars | SAIC

GM’s joint venture with Shanghai Automotive Industry Corporation (SAIC) launched the third generation Buick GL8 on Sunday to consolidate its lead in the MPV market. Four all-new trims are introduced with prices ranging between 288,000 and 388,000 yuan. They will go on sale in a month or two alongside two refreshed trims of the second … Read more →

Shanghai-GM Sales Hit New Monthly High in October, Topping 100,000 Again

October sales of GM’s passenger car joint venture in China reached 100,833 units, breaking the all-time monthly record just set in September. For the first ten months, the company sold 843,009 cars, up 54% year-on-year. Buick accounted for more half of the October sales, delivering 54,490 units or 36% more than a year ago. Sales … Read more →

Shanghai-GM: Chevrolet Sails to Chile and Libya

October 24th, 2010 | Posted in Chevy | exports | GM | SAIC

The first batch of Chevrolet Sail supermini for overseas markets left the coast of Yantai, Shandong, on October 21, marking the beginning for Shanghai GM to mass export locally developed and built GM-brand cars. The passenger car joint venture of SAIC and General Motors said that it has received initial order for close to 10,000 … Read more →