Category Archives: SAIC

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

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 […]

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 […]

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 […]

Shanghai GM Unveils Revamped Buick GL8 MPV

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 […]

Shanghai-GM: Chevrolet Sails to Chile and Libya


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 […]

SAIC Unveils MG6 Saloon at Shanghai Expo


Before being dismantled soon, the British Pavilion at Shanghai Expo was put to good use on Monday. At the last news conference held there, Shanghai Automotive Industry Corporation (SAIC) debuted the MG6 Saloon, a latest fruit of Anglo-Sino collaboration. The World Expo has long ceased to introduce exciting new products, and the launch of MG6 […]

China Became Skoda’s Largest Market


Three short years after Shanghai-Volkswagen released the first Skoda car in China, an Octavia, the country has become the Czech automaker’s largest market, accounting for over 23% of its worldwide sales so far this year. The three Skoda models currently built in China–Octavia, Superb, and Fabia–delivered a total of 83,234 units in the first half […]

September Sales: Shanghai-GM, Shanghai-VW (Skoda), Hyundai-Kia, Chery

New vehicle sales at Shanghai GM rose 41% year-on-year last month to 100,825 units, hitting a record monthly high. For the first three quarters, the joint venture sold 742,176 cars, surpassing last year’s annual sales of 727,000. In September, Buick delivered 57,948 units (LaCrosse 10,339, Regal 7,669, Excelle 22,607), Chevrolet 40,860 (Cruze 17,264), Cadillac 2,017 […]

August Sales: Ford, GM, Hyundai-Kia, Mazda, Shanghai Volkswagen, Skoda, Audi

Ford and its Chinese joint ventures sold 44,074 new vehicles in August, up 24% year-on-year. In the first eight months, sales increased 42% from the same period last year to 368,103 units, including 251,046 from Chang’an-Ford-Mazda. 13,039 units of Focus and 4,629 of Fiesta, both from Chang’an Ford, were delivered last month. Sales of the […]

Cadillac Sponsors Communist Propaganda Film


It is naive to believe any business would put moral considerations before profits. Even the "don’t be evil" Google enters a "devil’s pact" with Verizon when the price is right. So it comes as no big surprise that GM has made Cadillac the proud "chief business partner" of an upcoming film dedicated to the 90th […]

New Spy Shots of SAIC MG3


In June, we posted two photos that confirmed the upcoming MG3 to be the production model of the MG Zero concept. This month, we got pictures of the subcompact sneaking around the Shanghai area on two different occasions and appearing on track to hit the market this fall. The first set were taken at a […]

H1 Profit of SAIC Motor Quadrupled to 5.87 Billion Yuan

SAIC Motor (600104.SS), controlled by SAIC Group, reports today that its net profit in the first half of 2010 reached 5.871 billion Yuan, or $863 million, up 306% from the same period last year. Revenues increased 140% to 147.6 billion Yuan, including 51.7 billion Yuan from Shanghai GM. Its subsidiaries and joint ventures sold a […]

SAIC to Resurrect LDV Maxus


Photos leaked from SAIC’s factory in Wuxi, Jiangsu show that the Chinese automaker has been working to bring back to life the LDV Maxus van, whose production in Birmingham, England was ended in December 2008. Launched in 2004, the award-winning Maxus was developed jointly by the now-defunct British van maker LDV and Daewoo Motor at […]