SAIC Motor Corporation Limited

 SHA:600104 ISIN:CNE000000TY6

Feb 10, 2012

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SAIC Motor Corporation Limited Company Summary

SAIC Motor Corporation Limited is principally engaged in the production and distribution of motor vehicles, mechanical equipment, assembly and related components. During the year ended December 31, 2007, the Company distributed approximately 1.69 million cars, including 1,137,000 passenger cars and 553,000 business cars. The Company also provides financial services. As of December 31, 2007, the Company had five major subsidiaries and associates. Headquartered in Shanghai, China, the Company distributes its products in domestic market and to overseas markets.
 

COMPANY DATA

 
Company Principal Sector Automotive 
Company Principal Industry Automotive 
Company Homepage www.saicmotor.com
 

Key Developments: SAIC Motor Corporation Limited
 The 2nd Annual Green Fuels and Vehicles China 2011
FEB 16, 2011 12:44 - Article Views: 1,839
2nd Annual Green Fuels & Vehicles China 2011 will be convened on April 7-8 in Beijing, China. This year the event will focus on exploring the technical and commercial roadmaps for alternative fuels and new energy vehicles, discuss the policy incentives, market outlook, technical innovations and charging infrastructure development of the industry. It is China's leading international networking and information exchange platform for new energy vehicle industry.
 Asian Markets Overview of March 8, 2010
MAR 8, 2010 13:30 - Article Views: 4,096
Today Asian stocks are set to rise after Wall Street rallied Friday, boosted by US upbeat jobs data. Asian markets broadly gained on Friday. Tokyo stocks advanced 2.2 per cent on expectations that the Japanese central bank may ease its monetary policy further. Shanghai and Hong Kong markets also powered higher on hope of China's moderately loose policies and an 8 per cent economic growth target this year. Shanghai Composite was up 0.25 per cent, and Hang Seng Index gained 1 per cent. South Korea's Kospi climbed 1 per cent.
 Asian Markets Overview of February 23
FEB 23, 2010 13:30 - Article Views: 3,211
Most Asian markets rallied with resources shares significantly higher on Monday. Japan's Nikkei jumped 2.7 per cent while exporters were encouraged by stronger US dollar against yen. Hong Kong's Hang Seng Index gained 2.4 per cent. The Shanghai bourse reopened for the first day after the Lunar New Year holiday, Shanghai Composite dropped 0.5 per cent as the market was still impacted by the People's Bank of China's credit-tightening measures unveiled before the long holiday.
 Asian Markets Overview of January 5
JAN 5, 2010 13:30 - Article Views: 5,169
Asian shares could be lifted after US and European markets rallied overnight on optimistic outlook of 2010. Yesterday Asian markets mostly kicked off the new year with gains. Japan's Nikkei surged 1 per cent on yen's weakness and a financial lifeline to Japan Airlines. The global markets also cheered for the strong manufacturing data from China and India. However, China's Shanghai Composite fell 1 per cent on Monday over fears on inflation.
 Asian Markets Overview of December 3
DEC 3, 2009 15:57 - Article Views: 4,878
Most Asian markets delivered modest gains on Thursday as positive US economic data restored confidence in a global economic recovery.
 Asian Markets Overview of February 13
FEB 13, 2009 15:00 - Article Views: 7,330
Asian markets fell yesterday as investors remained sceptical and worried the deteriorating economy would not receive immediate help from the US stimulus plan. Tokyo stocks dropped 3%, led mostly by banks and exporters, as trading resumed after a holiday. Hong Kong's Hang Seng Index fell 2.3%, while Shanghai Composite lost 0.6%. The major indexes in Asia are likely to remain on a downward trend today.

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