Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in deliveries in China.
Founded in 1997, SAIC Motor is a subsidiary of Shanghai Automotive Industry Corporation (Group) Corp. It produces and sells vehicles in China and around the world. The company also enages in a ...
BMW joins Chinese EV makers in filing EU court ... on Wednesday that progress has been made on its work with China's SAIC Motor to establish a vehicle plant in Turkey. Turkey's Dogan Trend ...
Tesla (NASDAQ:TSLA) and German automaker BMW (OTCPK:BMWKY) have joined Chinese electric vehicle makers BYD (OTCPK:BYDDF), Geely Automobile (OTCPK:GELYF), and SAIC Motor in challenging the ...
BMW’s Chinese-made BEVs now incur EU import tariffs of close to 21%, while for BYD’ Auto the tariff rate is set at 17%; Geely 19%; and SAIC Motor 35%. Olof Gill, spokesperson for the European ...
Two of the suitors are Chinese rivals SAIC and Nanjing Auto, both of which ended up with a piece of MG Rover when the company went under, while rights to the brand itself reverted to BMW.