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shanghai automotive industry corporation

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    Official: China's SAIC sets up shop in suburban Detroit
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    Shanghai Automotive Industry Corporation has opened a new North American headquarters in Birmingham, Michigan. The Chinese automaker says the facility will help build a stronger connection and further cooperation between U.S. manufacturers and their Chinese counterparts. SAIC refurbished a ...

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    General Motors and SAIC to jointly develop small engine and dual clutch transmission
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    General Motors has reached an agreement with one of its primary Chinese partners, Shanghai Automotive Industries Corp. (SAIC), on the joint development of powertrains for small vehicles. GM and SAIC will develop and produce a family of four-cylinder engines ranging from 1.0- to 1.5-liters with ...

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    SAIC to buy Opel Insignia platform for Roewe?
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    Chinese-spec Buick Regal - Click above for high-res image gallery
    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 purchase the Eplison II platform (as used ...

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    SAIC to launch mild hybrid in 2010?
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    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 ...

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    Ssangyong enters receivership
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    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 ...

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    Ssangyong gets bailout from SAIC
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    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 ...

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    Ford in further talks with Shanghai Auto to sell Volvo
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    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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