SHANGHAI, April 27 (Reuters) - Top Chinese automaker SAIC Motor Corp on Wednesday reported a surprise 56 percent rise in net income in the first quarter, defying a cooldown in the world's largest auto market after two consecutive years of breakneck expansion. SAIC, which operates auto ventures in China with General Motors and Volkswagen , reported a net profit of 4.50 billion yuan for the January-March quarter, easily beating an average forecast of 3.24 billion yuan by three analysts ...
Premium Content (PAID Subscription Required)
"SAIC Q1 profit jumps by over half, exceeding estimates" 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 WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642