The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.

On May 24, 2014, Chinese President Xi Jinping visited SAIC Motor and emphasized that the development of new energy vehicles ...

General Motors (GM) is scheduled to announce Q4 earnings on Tuesday, January 28th, before the market opens, with analysts ...

While investors will be watching GM's quarterly results, they will also be focused on its guidance for 2025 and any changes ...

Brands led by SAIC Motor Corp.'s MG registered 3.5 per cent fewer EVs in the region for all of 2024, according to data from automotive researcher Dataforce ...

Tesla and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.

GEELY AUTO (00175.HK), and SAIC Motor (600104.SH) filed a lawsuit in the EU General Court on Tuesday (21st) to challenge the ...

General Motors Co. lost $2.96 billion in the fourth quarter after a $4 billion charge for restructuring its struggling ...

Tesla's legal challenge is in response to the EU introducing tariffs at the end of October of 7.8 percent on Tesla's ...

MG has returned to the South African market after exiting the country in 2016. The former British brand belongs to Shanghai giant SAIC Motor, which acquired it in 2007.

The EU Commission had imposed duty rates on Chinese-made EVs in a bid to encourage domestic manufacturing. Tesla was ...