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Shanghai Automotive Industry Corp. (SAIC)

China's SAIC Posts 6% Sales Growth in First 6 Months

Aug 30, 2016 08:23 AM EDT

Chinese carmaker Shanghai Auto Industry Corporation (SAIC) posted positive net profit sales of more than six percent at 15.06 billion yuan ($2.25 billion) in the first half of the year, the company said in a statement to the Shanghai stock exchange last week.

General Motors to Intensify Production of Electric Vehicles in China

Charissa Echavez |

Aug 30, 2016 07:06 AM EDT

General Motors will be intensifying the launch of its electric vehicles in China, Larry Nitz, GM Executive Director for Electrification, said.

China Sees Fastest Car Sales Growth in Over Years in July

Charissa Echavez |

Aug 13, 2016 01:19 PM EDT

Car sales in China experienced its fastest growth rate in three-and-a-half years last month, thanks to the country's tax break on small engine vehicles and comparatively slow growth rate in the same timeframe in 2015.

Ford Leads Automakers During Strong Monthly Sales In April

Ford, GM See Sale Growth in China in June and First Half of 2016

Charissa Echavez |

Jul 09, 2016 07:50 AM EDT

U.S. premium brands Ford, General Motors and their joint venture partners saw an increase in their sales in June 2016 as well as a strong first half of the year in China.

General Motors reports boost in car sales in China in April.

General Motors Reports Booming Car Sales in China in April

Charissa Echavez |

May 30, 2016 11:29 AM EDT

American automotive firm General Motors and its Chinese partners defied China's economic slowdown by selling nearly 277,979 units in April, up 7.5 percent from the previous year.

Ford, GM and other automobile companies posted sales decline for the month of February.

Ford, GM Report Decline in Car Sales in China Last Month

Charissa Echavez |

Mar 09, 2016 07:38 AM EST

American multinational automakers Ford and General Motors have reported a steep year-on-year decline in their respective car sales in China in the month of February.

Lunar New Year has driven up sales of new cars in China

Spring Festival Spending Spree Boosts New Car Sales in China

Charissa Echavez |

Feb 21, 2016 07:30 AM EST

New cars in China in the month of January showed a significant increase of 9.3 percent from the previous year as demand surged due to the Lunar New Year holiday celebration.