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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 ...
SAIC to launch mild hybrid in 2010? Jeremy Korzeniewski
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 ...
Ssangyong enters receivership Frank Filipponio
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 gets bailout from SAIC Jeremy Korzeniewski
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 ...
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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 ...
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 ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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