Category Archives: SAIC

Updated:Shanghai GM to Build Chevrolet Captiva

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Update on August 10: Analysts say this week that Shanghai GM is likely to launch the production of the second generation Captiva towards the end of 2011, and general release will be in early 2012 instead of the fourth quarter this year–as reported below. Much of the production preparation will be conducted by the Pan […]

Wuling Resists Selling SGMW Stake to GM

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General Motors has been so successful in China that people tend to forget that it too has suffered quite a few setbacks there over the years. One major unfulfilled desire of its is to have more say in SGMW, the largest microcar maker in China. A partnership between SAIC, GM, and Wuling, SGMW sells more […]

Shanghai GM to Build Chevrolet Captiva

chevrolet-captiva-2010

Earlier this week, Shanghai GM’s marketing chief Ren, Jianqiong confirmed that the Captiva crossover SUV will be the next all-new model to roll off the joint venture’s production line. A 2010 fourth quarter release can be expected. Developed by GM Daewoo from the Chevrolet S3X concept and based on the GM Theta platform, Chevrolet Captiva […]

SGMW Unveils Passenger Car Brand “Baojun”

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SGMW, known for its Wuling brand minivans (counted as commercial vehicles in China), unveiled the logo for its future passenger cars at a press conference held in Shanghai today. The name "Baojun" contains two Chinese characters: "Bao" means "treasured," "precious;" "Jun" means "fine horse" or "steed." A three-way joint venture of SAIC, GM, and Wuling, […]

Shanghai Volkswagen Releases Skoda Octavia GreenLine at Changchun Auto Fair

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2010 China Changchun International Automobile Fair opens to the public today after four press days. Although it is a tier-1 auto event in China and has attracted 132 companies from around the world showing off nearly one thousand vehicles in total, no important new cars are premiered or launched here. And the theme "eco-tech for […]

SAIC Reduces Stake in Ssangyong to 3.79%

Update on August 31: By the end of August 2010, SAIC had given up all its stake in Sssangyong. July 15: As bidders compete to own Ssangyong, Shanghai Automotive Industry Corporation (SAIC), the former majority shareholder, cuts its stake in the troubled Korean automaker to 3.79%. SAIC bought 51.3% of Ssangyong in late 2004, but […]

4 Chinese Auto Companies Made the Fortune 500 List

Fortune Magazine included four Chinese automakers into its 2010 list of the world’s largest companies, measured by revenues. Dongfeng Motor, the best-ranked among the four, comes the 182nd with revenues of 39,402 million US dollars. A total of 54 Chinese firms made the list, 43 of them from mainland China. Three energy giants rank among […]

Upcoming Releases: SAIC Roewe W5

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While running highly profitable ventures in partnership with Volkswagen and General Motors, Shanghai Automotive Industry Corporation (SAIC) has been committed to building up its own capability in recent years. It bought MG and launched Roewe. Towards the end of this year, its first SUV model, currently named W5, will hit the market under the Roewe […]

Shanghai Volkswagen H1 Sales Up 40%, Skoda Soaring

Shanghai Volkswagen, one of VW’s two passenger car ventures in China (the other being FAW VW), announced yesterday that new vehicle sales in the first half of 2010 increased 39.8% from a year ago to 447,008 units. June sales increased 27.7% year-on-year to 83,066 units, with Lavida delivering 21,305, Passat Lingyu (Passat B5) 12,650, and […]

GM H1 China Sales Topped 1.2 Million

Sales of General Motors’s China ventures reached 1,209,138 units in the first half of this year, up 48.5% from year-earlier level, according to GM. Growth cooled down to 23.2% in June, with a total of 176,486 (new) vehicles sold. Although it sold less, 1.08 million units, in the US during the same period, we hesitate […]

Shanghai GM Poised to Be the Biggest Winner from China’s Small Car Subsidies

On the last day of June, the Chinese government publicized a long-awaited list of small fuel efficient cars qualifying for 3,000 yuan cash rebate per unit. Shanghai GM, the partnership of Shanghai Automotive Industry Corporation (SAIC) and General Motors, has the most entries on the list among all automakers, surpassing not only native players strong […]

Spyshots: SAIC MG3

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(the picture above: MG Zero concept) Shanghai Automotive Industry Corporation (SAIC) showcased a concept mini car dubbed MG Zero at several auto shows this year. Meanwhile, the production model has been caught road-tested on several occasions. Latest spyshots appear to confirm that the mini car will be called MG3, and has a real chance to […]

Shanghai GM Sets 2015 “Drive to Green” Goals

In its flashy pavilion at the Shanghai World Expo currently underway, General Motors may be daydreaming on the wheels for future cities, but it seems to have something more practical to offer China as well. Together with its Chinese Partner, Shanghai Automotive Industry Corporation (SAIC), GM issued a five-year plan today to carry forward the […]