SAIC

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SAIC Motor is one of China's largest state-owned automakers, headquartered in Shanghai.
Founded: 1955
Type: State-owned
Ticker: SHA: 600104
HQ: Shanghai
2024 revenue:
  • IM Motors launches LS6 SUV in New Zealand

    The right-hand-drive LS6 has been rebranded as the IM6 in New Zealand, with deliveries set to begin in December.

  • IM Motors launches LS9 large extended-range SUV with up to 402-km battery range

    IM Motors offers two variants of the LS9 starting at RMB 322,800 ($45,360), with deliveries set to begin later this month.

  • IM Motors starts pre-sales of LS9 extended-range SUV with 402-km battery range

    The IM LS9 starts at RMB 336,900 ($47,280) during pre-sales, with its official launch set for November 12.

  • Huawei-backed Shangjie H5 hits 10,000 deliveries in 43 days since launch

    The Shangjie H5 is a mid-size SUV and the most affordable model under Huawei's HIMA business.

  • SAIC posts 645% surge in Q3 net income, driven by sales growth and cost control

    SAIC attributed the substantial net income growth primarily to increased sales volume and optimized costs and expenses.

  • Huawei-SAIC joint brand Shangjie's next 2 models will both be SUVs, report says

    Shangjie's vehicles will not be built on the dedicated platform developed by SAIC and Huawei until the third model, a local media outlet reported.

  • IM Motors to begin pre-sales of large extended-range SUV LS9 on Nov 4, featuring 402-km battery range

    The LS9 will rank among China's longest-range hybrid vehicles as competition shifts toward addressing pure-electric range anxiety.

  • New MG4 delivers over 10,000 units in 24 days since launch

    MG launched the redesigned MG4 on August 29 with a discounted starting price of RMB 65,800.

  • Buick debuts Electra L7 extended-range sedan in China, betting on powertrain that's been popular for years

    The Electra L7 extended-range sedan measures 5 meters long, boasts a battery range of up to 302 km, and delivers 338 horsepower.

  • IM Motors launches updated LS6 SUV, intensifying race in EREV segment

    The updated LS6 adds EREV variants to its existing BEV options, featuring a battery range of up to 450 km.