China’s SAIC Motor Corp. and Nanjing Automobile Corp. sign an agreement intended to create a national car company and challenge foreign auto makers in China. The two state-owned car companies originally announced in July their intent to form a “complete union” via business cooperation and restructuring. SAIC, China’s largest auto maker, reportedly is paying RMB2 billion ($285 million) for Nanjing’s vehicle and core auto-parts operations, which includes the classic MG brand. In return, ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Amber McLincha by email: or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.