SAIC: No plans to build, sell its cars in N. America soon

Newswire

By Ben Klayman ANN ARBOR, Mich, Nov 7 (Reuters) - Chinese automaker SAIC Motor Corp, which opened a U.S. office in suburban Detroit this summer, has no plans to build or sell its own cars in North America in the next several years, the company's top U.S. executive said on Wednesday. "It's really clear, in (the) short term - several years - (there is) no plan for car business in North America for SAIC," Yi Lu, head of SAIC USA, said at an industry conference at ...

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