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SAIC Motor Corp., Ltd. (formerly Shanghai Automotive Industry Corporation) is a Chinese state-owned automobile manufacturer headquartered in Anting, Shanghai.Founded in 1955, it is currently the largest of the "Big Four" state-owned car manufacturers of China, namely: SAIC Motor, FAW Group, Dongfeng Motor Corporation, and Changan Automobile, with car sales of 5.37 million, 3.50 million, 3.28 ...
Etymology. The company's English name IM stands for "Intelligence in Motion". Its Chinese name is Zhiji Motors (智己汽车). History. The IM Motors joint venture between SAIC Motor, Alibaba Group, and Zhangjiang Hi-Tech was established in December 2020, and a 3D rendering of the company's upcoming sedan, aiming to compete with the Tesla Model S, was presented later in January 2021.
In 2012 SAIC was ordered to pay $500 million to the City of New York for overbilling the city over a period of seven years on the CityTime contract. [15] [16] In 2014 Gerard Denault, SAIC's CityTime program manager, and his government contact were sentenced to 20 years in prison for fraud and bribery related to that contract.
SAIC-GM was the top passenger vehicle producer in China in 2006, with sales of 413,400 vehicles. In 2011, SAIC-GM sold 1,200,355 vehicles in the Chinese market. [6] SAIC-GM is the largest joint venture GM has in China.
China's largest automaker, SAIC Motor, is considering taking a stake in General Motors when the Detroit-based automaker begins its public offering of stock later this year. SAIC hasn't yet decided ...
Leidos Holdings, Inc. Leidos Holdings, Inc., formerly known as Science Applications International Corporation (SAIC), [6] is an American defense, aviation, information technology, and biomedical research company headquartered in Reston, Virginia, that provides scientific, engineering, systems integration, and technical services.
In 2002, the joint venture SAIC-GM-Wuling was formed, with SAIC taking 50.1% of the shares, GM 34%, and Wuling Group (later became Guangxi Auto) 15.9%. Wuling transferred the production of microvans and small trucks to the new company. Since at least 2008, GM sought to increase its ownership achieving this aim c. 2011.
Website. www .csvw .com. SAIC Volkswagen Automotive Co., Ltd., formerly known as Shanghai Volkswagen Automotive Co., Ltd. is an automobile manufacturing company headquartered in Anting, Shanghai, China and a joint venture between SAIC Motor and Volkswagen Group . It was founded in 1984 and produces cars under the Volkswagen, Škoda and Audi ...
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