updated Wed. August 7, 2024
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Car Blog India (blog)
March 23, 2018
MG Motors India, a subsidiary of Chinese giant SAIC, will be starting its operations in India starting next year. Exactly like Kia, they will target the compact crossover segment. The Hyundai Creta rival SUV will be launched in 2019. MG officials claim to launch a new vehicle each year starting 2019 itself.
Inc42 Media
March 22, 2018
MG Motor India, a subsidiary of Chinese automaker SAIC Motors, has committed $768 Mn (INR 5,000 Cr) to the Indian market for the coming six years. Part of this investment will also go into developing electric vehicles. Coming to international developments, German automotive giant BMW is planning toÃâà...
SteelGuru
March 22, 2018
Global Times reported that Chinese auto manufacturer SAIC Motor, one of the first to step into the vehicle industry in the Indian market, is accelerating its investment there to keep ahead of its Chinese competitors. SAIC Motor plans to invest more than USD 767 million by 2025 in India through MG MotorÃâà...
South China Morning Post
March 10, 2018
Huarong acquired the stake in CEFC Hainan International in two tranches, in December and February, according to the February 13 filing by CEFC Hainan on an online portal run by the State Administration for Industry & Commerce (SAIC). CEFC subsidiary CEFC Shanghai International Group Co ownsÃâà...
Washington Business Journal
March 6, 2018
CACI International (NYSE: CACI), not named in the filing but identified as "Company A," and Science Applications International Corp. (NYSE: SAIC), called ... A subsidiary of General Dynamics (NYSE: GD) is set to purchase all outstanding shares of CSRA (NYSE: CSRA) common stock for $40.75 per share.
evertiq.com
March 3, 2018
Teledyne's subsidiary, Teledyne DALSA, is expanding its manufacturing capacity given increased demand for the company's proprietary CMOS-based digital X-ray detectors. The company currently provides CMOS X-ray detectors for a complete range of dynamic applications including medical radiology,Ãâà...
Ward's Auto
February 20, 2018
GM Korea holds a 77% stake, Korea Development Bank (KDB) holds 17% of the shares and GM's joint venture partner in China, Shanghai Automobile Industry (SAIC) holds a 6% share. According to the reported proposal, KDB would have to purchase 500 billion won ($450 million) of the new shares as itsÃâà...
Key Gazette
February 19, 2018
Science Applicatns Intl Cp New Com now has $3.07B valuation. The stock decreased 1.01% or $0.73 during the last trading session, reaching $71.7. About 199,944 shares traded. Science Applications International Corporation (NYSE:SAIC) has risen 37.99% since February 19, 2017 and is uptrending.
The Korea Bizwire
February 18, 2018
General Motors has come under fire for a number of failures and wrongdoings, including allegations of failing to fund R&D budgets yet channeling the benefits generated by the subsidiary to the parent company, complaints reminiscent of the ones lodged against SAIC previously. Experts have said that GMÃâà...
Nikkei Asian Review
February 13, 2018
The targeted increase excludes output from its consolidated subsidiary in Shanghai as the automotive lighting maker will soon sell the unit. ... its stake in Shanghai Koito Automotive Lamp -- a joint-venture with Huayu Automotive Systems, an auto parts unit of Chinese automaker SAIC Motor -- to its partner.
UtahHerald.com
February 3, 2018
Analysts expect Sienna Senior Living Inc. (TSE:SIA) to report $0.32 EPS on February, 15.They anticipate $0.00 EPS change or 0.00% from last quarter's $0.32 EPS. T_SIA's profit would be $16.98 million giving it 13.61 P/E if the $0.32 EPS is correct. After having $0.39 EPS previously, Sienna Senior LivingÃâà...
ecns
December 31, 1999
SAIC Motor plans to invest more than 50 billion rupees ($767 million) by 2025 in India through MG Motor India, which officially entered the country in February 2017 as a wholly owned subsidiary of the Chinese automaker, Indian newspaper the Economic Times reported on Tuesday. Morris Garages (MG)Ãâà...