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shanghai automotive

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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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    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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    Rover redux - Shanghai Auto building Rovers in China
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    Shanghai Automotive and SAIC Motor have announced that the two companies are setting up a $457.6 million joint venture to produce Shanghai Auto cars based on MG Rover technology. The new cars will be the first to be developed under the Shanghai Auto brand.Shanghai Auto, General Motors' principal ...

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