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SAIC to buy Opel Insignia platform for Roewe?

- 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 by the latest Opel Insignia and the Chinese-market Buick Regal) for its next Roewe 750 midsize sedan. The fact that SAIC is GM's Chinese partner may seem to lend a bit of credibility to these rumors, though SAIC and General Motors have both initially denied any knowledge of the platform-sharing plan. While ... Read more →

SAIC to launch mild hybrid in 2010? Jeremy Korzeniewski

Ssangyong enters receivership Frank Filipponio

Ssangyong gets bailout from SAIC Jeremy Korzeniewski

Ford in further talks with Shanghai Auto to sell Volvo Frank Filipponio

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 ...

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SAIC to buy Opel Insignia platform for Roewe? 5 months ago on Autoblog

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 ...

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 ...

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 ...

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