SAIC Motor Corp Ltd (600104.SS)
9 Dec 2016
BEIJING Volkswagen's Audi AG said on Monday that it was in talks with China's SAIC Motor Corp Ltd for a long-term collaboration, which dealers for its existing joint venture say would cause them "potentially fatal damage." | Video
* Says unit plans to buy 90 percent stake in auto tech firm for 221.9 million yuan ($32.43 million)
* Dealers say new tie-up would be "potentially fatal" (Adds dealers letter to Audi, Audi spokesman comment)
BEIJING, Nov 14 Volkswagen's Audi premium brand is in talks with China's largest automaker, SAIC Motor, on a potential long-term collaboration, Audi said in a statement on Monday.
BEIJING Audi AG and China’s SAIC Motor Corp have signed an agreement that will likely pave the way for the German luxury car maker to produce cars in China with SAIC, a person familiar with the matter told Reuters.
BEIJING, Nov 12 Audi AG and China's SAIC Motor Corp have signed an agreement that will likely pave the way for the German luxury car maker to produce cars in China with SAIC, a person familiar with the matter told Reuters.
* Says it sold 618,421 vehicles in Oct versus 515,581 vehicles year ago
Oct 31 SAIC Motor : * Says Gu Feng resigned from financial director * Says appoints Wei Yong as new financial director Source text in Chinese: https://goo.gl/ADtE6l Further company coverage: (Beijing Headline News)
SHANGHAI, Oct 28 SAIC Motor Corp Ltd , China's largest automaker by sales volume, posted an 8.6 percent year-on-year rise in net profit for the first nine months of 2016, the company said in an exchange filing on Friday.
Further company coverage: (Reporting by Hong Kong newsroom)