The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
On May 24, 2014, Chinese President Xi Jinping visited SAIC Motor and emphasized that the development of new energy vehicles ...
Tesla and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.
Brands led by SAIC Motor Corp.'s MG registered 3.5 per cent fewer EVs in the region for all of 2024, according to data from automotive researcher Dataforce ...
Tesla's legal challenge is in response to the EU introducing tariffs at the end of October of 7.8 percent on Tesla's ...
BMW and Tesla have both filed cases with the EU's Court of Justice challenging the EU’s recent decision to hike tariffs on ...
General Motors Co. lost $2.96 billion in the fourth quarter after a $4 billion charge for restructuring its struggling ...
GEELY AUTO (00175.HK), and SAIC Motor (600104.SH) filed a lawsuit in the EU General Court on Tuesday (21st) to challenge the ...
MG has returned to the South African market after exiting the country in 2016. The former British brand belongs to Shanghai giant SAIC Motor, which acquired it in 2007.
The EU Commission had imposed duty rates on Chinese-made EVs in a bid to encourage domestic manufacturing. Tesla was ...
SAIC Motor Corp., the Chinese partner of General Motors Co., said preliminary profit for 2024 may plummet by as much as 90% due to a writedown of the US carmaker’s joint venture in the nation and a ...
Donald Trump is threatening to impose or raise tariffs on cars being imported into the US. How is the world reacting?