SAIC Motor Corp Ltd (600104.SS)
20 Mar 2018
* SAYS IT SOLD 460,757 VEHICLES IN FEB VERSUS 421,803 VEHICLES YEAR AGO
SEOUL General Motors' South Korean unit plans to slash 5,000 jobs, or about 30 percent of its workforce, but keep production steady if Seoul agrees to its $2.8 billion proposal for the loss-making operation, according to a document seen by Reuters.
FRANKFURT Chinese car maker SAIC Motor Corp Ltd and German chipmaker Infineon Technologies AG agreed to set up a joint venture to make power modules for the Chinese electric vehicle market, the companies said on Friday.
FRANKFURT, March 2 Chinese car maker SAIC Motor Corp Ltd and German chipmaker Infineon Technologies AG agreed to set up a joint venture to make power modules for the Chinese electric vehicle market, the companies said on Friday.
FRANKFURT, March 2 The following are some of the factors that may move German stocks on Friday:
FRANKFURT German premium carmaker BMW and China's Great Wall Motor Co have signed a letter of intent to jointly produce electric Mini vehicles in China, BMW said on Friday.
* BMW says also expands venture with China's Brilliance (Adds analyst comment, details)
SEOUL, Feb 21 General Motors (GM) has proposed an investment of $2.8 billion into its loss-making South Korean operations over the next 10 years and has asked Seoul to provide its share of the funds, a South Korean government official said on Wednesday. | Video
* Investment to be separate from the $2.7 bln debt-for-equity swap
DETROIT/SEOUL U.S. President Donald Trump on Tuesday used a decision by General Motors Co to close one of its four plants in South Korea to launch fresh criticism of the U.S.-South Korea trade agreement. | Video