saic motor


Ford in further talks with Shanghai Auto to sell Volvo

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, it recently admitted it was entertaining offers for the firm. Having paid $6.4 billion for Volvo back in 1999, it is believed that Ford is now seeking around $6 billion for the company. That's a lot of renminbi. Like the rest of the industry, Volvo is ... Read more →

China's SAIC on the fast track to building a brand Stuart Waterman

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 ...

Ford in further talks with Shanghai Auto to sell Volvo 1 year ago on Autoblog

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, it ...

China's SAIC on the fast track to building a brand 3 years ago on Autoblog

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 models. ...






Autoblog Podcast #157: 'Twas a couple nights before Christmas...

Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion

 
 

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