Audi and SAIC Motor have established a new innovation and technology center in Shanghai to accelerate research and development for their joint Chinese-market vehicles. The move underscores foreign automakers' continued commitment to deepening local R&D capabilities in China.
The board of directors for SAIC Motor has approved a cash dividend distribution for shareholders, reflecting the company's continued commitment to returning capital amid ongoing automotive market adjustments.
Despite earlier rumors that MG brand owner SAIC Motor would build a factory in Hungary, the company ultimately chose the Galicia region of Spain as its second European base for Chinese car manufacturing.
Chinese electric vehicle manufacturers, including SAIC Motor and Chery Automobile, are advancing the commercialization of solid-state battery technology to produce safer and longer-range EVs.
SAIC Motor reported better-than-expected second-quarter results driven by robust vehicle sales and improved operational efficiency, prompting management to raise its full-year financial outlook. The strong performance triggered a sharp gain in the company’s shares.
The planned SAIC Motor plant near the Ferrol arsenal and F-110 frigate shipyards in Spain reignites debate over the presence of Chinese espionage in NATO infrastructure across Europe.
Chinese automaker MG (SAIC Motor) has decided to build its new European electric car plant in Galicia, northern Spain, instead of Hungary, marking a significant investment loss for the newly elected Hungarian government.
Chinese automaker SAIC Motor has released its financial performance data for the second quarter of fiscal year 2027, detailing revenue and operational metrics for the period.
The Spanish government is defending the arrival of a SAIC Motor factory despite Army reports highlighting the potential 'threat' it poses, creating a significant divide in Prime Minister Sánchez's approach to China.