Category Archives: SAIC

Shanghai-GM Releases All-New Chevy Aveo, Priced between 81,800 and 111,800 Yuan

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On Friday evening in Shanghai, with the help of Rosie Huntington Whiteley, the star from Transformer 3, Shanghai-GM announced the release of the second generation Chevy Aveo (called Sonic in North America). With two engine options, a 1.4-liter and 1.6-liter, the all-new Aveo, as a three-box sedan or a hatchback, sells for 81,800-111,800 Yuan ($12,576-$17,188). […]

Buick Envision SUV Concept: Auto Shanghai in Pictures (3)

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The joint venture of SAIC and GM launched Buick Envision concept on Monday in Shanghai, highlighting China as the most important market of Buick cars. Developed by the Pan Asia Technical Automotive Center (PATAC), the Buick Envision concept is a series-parallel PHEV (plug-in hybrid electric vehicle) in the form of a midsize AWD SUV. Its […]

SAIC MG5 Concept: Auto Shanghai in Pictures (2)

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The MG5 from SAIC is developed as a hatchback, sports version of the Roewe 350 subcompact sedan, with which it shares the AP platform. While it appears at the show as a concept, the volume-production model reportedly is undergoing road tests and will be unveiled soon. The natural choice for engine is the 1.5 VVT […]

Shanghai-VW New Passat (NMS) Goes on Sale for $33,500-$47,600

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The joint venture of SAIC and Volkswagen announced today the release of "New Passat," previously known as New Midsize Sedan (NMS), available in six versions of three engines options: 1.8TSI, 2.0TSI, and 3.0 V6. Priced between 218,800 Yuan ($33,500) and 310,800 Yuan ($47,600), it will be on the new car market alongside the Shanghai-VW Passat-Lingyu, […]

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

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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, […]

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

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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 […]

GM Successfully Increases SGMW Stake to 44%

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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 […]

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 […]

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 […]

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

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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 […]

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, […]

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

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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 […]