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SAIC Motor Corp Ltd (600104.SS)

600104.SS on Shanghai Stock Exchange

25.75CNY
19 Nov 2018
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Fri, Oct 19 2018

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SAIC VW starts work on $2.5 billion China plant in Audi pivot

BEIJING Volkswagen AG's China venture with SAIC Motor Corp Ltd has started building a $2.5 billion new energy vehicle (NEV) plant in Shanghai, which will make VW's luxury Audi AG brand cars, a possible first for the venture.

SAIC VW starts work on $2.5 bln China plant in Audi pivot

BEIJING, Oct 19 Volkswagen AG's China venture with SAIC Motor Corp Ltd has started building a $2.5 billion new energy vehicle (NEV) plant in Shanghai, which will make VW's luxury Audi AG brand cars, a possible first for the venture.

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