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0Report: China's SAIC Motors will buy shares of GM IPO 1289249880
While General Motors may be jetting around the globe in an attempt to woo investors, one company has made it clear it wants to snap up plenty of GM stock once The General goes public. Chinese manufacturer SAIC Motor President Chen Hong is currently in the States to negotiate with the American ...
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Ford in further talks with Shanghai Auto to sell Volvo 1228748340
The UK's Sunday Mail is reporting that Ford has returned to Shanghai Automotive Industry Corp. (SAIC) to make another pitch to sell Volvo. As we told you back in June, SAIC is one of the leading contenders to snap up Volvo. Although Ford had long maintained the Swedish automaker was not for sale, ...
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China's SAIC on the fast track to building a brand 1144782180
China's biggest automaker announced Monday that it's injecting another $1.25 billion into its drive to export SAIC-brand vehicles worldwide. Monday's announcement follows February's news that the company had established a $460 million unit to build SAIC cars based on the Rover 25 and 75 ...

