SAIC Motor H1 net falls 26 pct, but outlook upbeat


SHANGHAI, Aug 26 (Reuters) - SAIC Motor Corp , China's biggest automaker, posted a 26.4 percent fall in first half attributable net profit on Wednesday on provisions for its loss-making South Korean unit, but remained bullish for the rest of the year due to Beijing's policies designed to boost consumer spending. SAIC, which runs vehicle manufacturing ventures with General Motors [GM.UL] and Volkswagen , said it earned 1.45 billion yuan ($212 million) during the six-month period, falling ...

Premium Content (PAID Subscription Required)

"SAIC Motor H1 net falls 26 pct, but outlook upbeat" 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
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×