saic


REPORT: Chinese automaker SAIC accused of hybrid tech theft by SsangYong

In the beginning of the decade, before SsangYong got into really deep doo-doo, the Korean automaker began work on a hybrid control unit (HCU) with German engineering firm FEV. From 2004 to 2008, as the research continued, the South Korean government provided nearly half of the financial resources for the development of the technology. In 2005, as Ssangyong's stumbles began, Chinese automaker SAIC took a majority stake in the Korean company. A year later, in 2006, SAIC saw the success SsangYong was having with the HCU and allegedly ... Read more →

SAIC to buy Opel Insignia platform for Roewe? Jeremy Korzeniewski

- According to an unnamed source from the 21st Century Business Herald in China (via Gasgoo), Shanghai Automotive Industry Corp (SAIC) has been in talks with General Motors since last March to ...

Ssangyong preparing to lay off nearly 40% of workforce by end of June? Jonathon Ramsey

Ssangyong Motor Company is still struggling to gain traction after it ceased production late last year and slipped into receivership earlier this year. It restarted its production lines in February, ...

Shanghai 2009: Roewe N1 continues to advance concept of credible Chinese design Chris Paukert

Chinese automakers have been on the receiving end of barbs for some time now, particularly when it comes to styling. In terms of both originality and proportion, most Sino automakers have ...

REPORT: GM China spokesman denies pondering selling Buick to SAIC Jeremy Korzeniewski

- Yesterday's rumors regarding a possible Buick sale to China's Shanghai Automotive Industry Corp. (SAIC) might have been a wee bit premature according to an unnamed executive at GM China. This ...

REPORT: Ssangyong restarts production 9 months ago on Autoblog

Korean automaker Ssangyong has reportedly restarted five of its production lines at its plants in Pyeongtaek and Changwon. Earlier this month, Ssangyong was forced to enter receivership as a last ditch effort to stave off bankruptcy after failing to negotiate a deal with Shanghai Automotive ...

SAIC to launch mild hybrid in 2010? 10 months ago on Autoblog

After investing a few hundred million dollars into alternative powertrain research, China's Shanghai Automotive Industry Corporation (SAIC) says that it's finally ready to produce its first hybrid car. Nothing too fancy, just a mild hybrid with an electric motor that isn't capable of powering the ...

Ssangyong enters receivership 10 months ago on Autoblog

Could it be too late for Ssangyong? Shanghai Automotive Industry Corp. (SAIC) appears to have given up on Ssangyong Motor Co., allowing the company to slip into receivership. SAIC holds a 51% stake in Ssangyong, but gave up management rights in a bid to avoid liquidation and allow Ssangyong some ...

Shanghai GM stumbles in '08 10 months ago on Autoblog

One of the refrains we've all heard in recent years is how strong Buick is for General Motors in China, where it's not cursed with the stigma of being a grandparent's brand in the States. While most of yesterday's attention was rightly focused on the industry-wide year-end U.S. sales bloodbath, ...

Ssangyong gets bailout from SAIC 10 months ago on Autoblog

It may not be the entire 320 billion won that its largest creditor was looking for, but Shanghai Automotive Industries Corp's recent announcement that it would prop Ssangyong up with an investment of 25.9 billion won ($19.89 million) should do the trick. SAIC says the money is to facilitate the ...

Ssangyong faces liquidation if SAIC doesn't prop up ailing automaker 10 months ago on Autoblog

Things are looking dire at Korea's Ssangyong Motors, which, as you might recall, was unable to make payroll last week due to a total lack of cash on hand. The sordid tale continues this week as Ssangyong's largest creditor, Korea Development Bank (KDB), suggests that it will simply liquidate the ...

Ssangyong says it's out of money, can't pay workers 11 months ago on Autoblog

Ssangyong, which recently attended the Paris Motor Show and showed off the C200 4-wheel-drive, is officially out of money. The company is more than $77 million (US) in debt, and no longer has the funds to pay its employees' salaries. Ssangyong is owned by Shanghai Automotive Industries China, ...

Geely reportedly interested in Volvo Cars 11 months ago on Autoblog

We already know that Ford has placed Volvo on the auction block and is actively shopping its Swedish brand to at least one Chinese automaker. New rumors indicate that there may be more players in China with more than a passing interest in taking the brand off the Blue Oval's hands. If SAIC doesn't ...

Ford in further talks with Shanghai Auto to sell Volvo 11 months 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 ...

Ford wants $6 billion for Volvo 11 months ago on Autoblog

Ford bought Volvo for $6.4 billion back in 1999. Now, a decade later, unconfirmed reports say the automaker is asking nearly the same amount -- $6 billion -- for the Swedish brand. Ford may sell Volvo to demonstrate active steps to cut costs (a critical move as Mulally is in Washington asking ...

Roewe 550, 750 arrive in Chile as MGs 1 year ago on Autoblog

Remember the Roewe 550? Pretty nice-looking ride, especially for a Chinese car, considering some of the freakishly awful stuff that comes out of the country. SAIC apparently realizes that in terms of name recognition, MG > Roewe. Case in point: the introduction of the 550 and 750 sedans in ...

Chinese automaker denies rumor about interest in Volvo 1 year ago on Autoblog

An eternally unanswerable question seems to be whether or not Ford is actively shopping around Volvo for a buyer. Just this week we reported that Chinese automaker SAIC and some Russian investors had expressed interest in purchasing the Swedish carmaker from Ford, but today we learn from a source ...

Micro to become macro? GM looking at competing with the Nano 1 year ago on Autoblog

Click image for a gallery of the GM China Chevrolet Spark If everyone else is going to build cars like Tata's headline-grabbing Nano, GM's going to pile on, too. The Lutz cites GM's part-ownership stake in Wuling Motors, a Chinese manufacturer of sub-$3,000 utility vehicles as a possible source of ...

China's SAIC to revive historic Longbridge UK plant 1 year ago on Autoblog

MG's former Longbridge, UK headquarters has been pretty quiet since production ceased in 2005. Newly-merged owners SAIC and Nanjing want the clatter of carbuilding to once again echo through the plant and plan to base their European and overseas operations there. The plant itself has the capability ...

Business as Usual: Nanjing will continue building Fiats post-divorce 1 year ago on Autoblog

Fiat and Nanjing may have divorced their marriage on passenger cars, but that shouldn't affect their offspring. Following Fiat's withdrawal from its joint venture with the Chinese automaker, production of three current Fiat models at the Nanjing plant is expected to continue. With demand for the ...

SAIC buys Nanjing, finally gets MG 1 year ago on Autoblog

The twisted saga of MG's resurrection from the ashes at the hands of Chinese automakers has come full circle. Last year both SAIC Motor Corp. and Nanjing Automobile Corp. fought tooth and nail for the right to build MGs in England, and Nanjing, the smaller of the two automakers by far, won. Since ...

Post-merger, Fiat ditches Nanjing joint venture 1 year ago on Autoblog

Hot on the heels of Nanjing Auto's merger with SAIC, Fiat has announced it has pulled out of the automotive joint venture it had embarked upon with Nanjing. The Sino-Italian operation had been a money-losing enterprise for years. Fiat says that Nanjing failed to live up to its commitments to the ...

SAIC and Nanjing merge to form mega Chinese auto group 1 year ago on Autoblog

Industry analysts widely agree that one of the principal factors preventing Chinese automakers from succeeding outside of China is the local industry's fragmentation, with over 100 automakers vying for their slice of the proverbial pie. However, a merger announced Wednesday between two major Chinese ...

Rendered Speculation: Roewe SUV 1 year ago on Autoblog

Roewe, SAIC's renamed Rover, has an SUV in the works. Details are scant, though it's reportedly based on a Ssangyong model. We think the Ssangyong Kyron is hiding under the Roewe's handsome sheetmetal. The Kyron carries its Mercedes-esque styling atop a ladder frame and off-road capable 4WD ...

OnStar all grown up, leaves home for China 1 year ago on Autoblog

As if offering Buicks that people would actually buy isn't enough, the General is upping the ante in the ultra-competitive Chinese market by announcing that Chinese customers will be able to subscribe to its OnStar service beginning in 2009. The safety and telecommunications service will be jointly ...

Chrysler nabs another exec, this time from GM 2 years ago on Autoblog

Chrysler proved once again that it will spare no expense to draw leading figures in the industry to man the helm of the it's turnaround. Today, Chrysler LLC announced that it's hired a 32-year veteran of General Motors and executive veep of GM's Chinese joint venture with SAIC Motor Corp., Phil ...

Shacking up - Nanjing and SAIC form partnership 2 years ago on Autoblog

Instead of beating each other's brains out and assuring that nobody wins, SAIC and Nanjing have decided to stand close to each other on the playground. While they may still avoid eye contact and kick pebbles instead of developing a friendship, they will be carrying out what they're terming a ...

REPORT: Toyota passed GM in '06 global sales 2 years ago on Autoblog

Wuling Sunshine (above): The difference-maker? var digg_url = 'http://digg.com/business_finance/Toyota_may_have_passed_GM_in_06_global_sales'; CNNMoney.com is reporting that Toyota may have already surpassed General Motors as the #1 automaker in terms of global sales... for 2006. Automotive News ...

China to be biggest car market by '09, or maybe '15 2 years ago on Autoblog

China has come on quickly in the automotive world. Long known as a nation of bike riders, it now represents the third largest manufacturer and second largest market for cars in the world. As People's Daily Online points out, in just five years since joining the WTO, sales of Chinese made vehicles ...

Spy shots: New three-door Roewe? 3 years ago on Autoblog

We reported back in October that China's Shanghai Automotive Industrial Corp. planned to introduce its recently purchased Rover 75 as the Roewe 750 at next year's Shanghai Auto Show. Now pictures have turned up that seem to indicate SAIC's plans for the Rover 25. The spied car closely resembles ...

Shanghai Surprise: Wagoner announces GM hybrid plan for China 3 years ago on Autoblog

GM honcho Rick Wagoner was in Shanghai today, showing off the Sequel fuel-cell concept and announcing that come 2008, GM will begin building and selling a hybrid vehicle for the Chinese market. Currently, General Motors is the second largest automaker in the country, and is enjoying healthy growth ...

Official pics of Roewe's new ride: the 750E 3 years ago on Autoblog

Thanks to our colleagues reporting from their home turf on Autoblog Chinese, we now have the first official shots of the Rover 75-based sedan from Roewe, Shanghai Automotive Industry Corp.'s (SAIC) newly minted brand. We've shown you spy shots of the large sedan, but these are the first official ...

Spy Shots: Roewe 750E 3 years ago on Autoblog

Wow, that didn't take very long. We just reported on Shanghai Automotive Industry Corp's Roewe brand last night, and today we have new spy shots of this car in testing, via Motor Authority. Nobody can say the Chinese don't think big as SAIC is said to be considering exporting its Rover Roewe 25 and ...

SAIC launching new brand without Rover name 3 years ago on Autoblog

Since both Plan A and B have failed, Shanghai Automotive Industrial Corp. has decided to move on to Plan C, which means taking the intellectual property rights to the Rover 25 and 75 models it acquired last year and selling the vehicles under a new brand name. Today that name was announced, and ...

Surprise! Ford buys Rover name from BMW 3 years ago on Autoblog

Ford informed BMW today that it would be exercising its right to buy the Rover name from the German automaker and also announced that it will not be putting it up for sale. The Detroit automaker purchased Land Rover from BMW in 2000 and has since had the option to buy the Rover name or at least ...

BMW/Shanghai Automotive talks still in progress for Rover name 3 years ago on Autoblog

The UK's Financial Times is reporting that BMW has agreed to sell the Rover name to an eager Shanghai Automotive Industry Corp. (SAIC), new owner of the design rights to many of the vehicles owned by MG Rover before the company dissolved due to huge debts. FT reports that the German luxury automaker ...

Next Page →






Autoblog Podcast #153: With Phil Berg

Phil Berg puts his reputation on the line and hangs with the podcast crew.

 
 

Featured Galleries

  • Hyundai 2.4L Theta-II GDI
  • Ginetta G50EV and John Surtees at the Channel Tunnel
  • 2010 Toyota Land Cruiser
  • Quick Spin: Superformance MKIII-R
  • 2011 Buick Regal Live Unveiling
  • BMW Concept 6
  • Zenvo ST1 Details
  • Building an LS9 V8 at the GM Performance Build Center
  • SEMA 2009: HPP Daytona Challenger
  • LA Design Challenge 2009 Competitors
  • SEMA 2009: 1962 Chevrolet Corvette C1-RS
  • SEMA 2009: Bigfoot
AOL Autos

Find Your Next Car

Resources

10 Most Searched Cars on AOL Autos

Autoblog Video

Autoblog Green

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum